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21st Century Monetary Policy - The Federal Reserve from the Great Inflation to COVID-19 (Paperback)
Loot Price: R510
Discovery Miles 5 100
You Save: R118
(19%)
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21st Century Monetary Policy - The Federal Reserve from the Great Inflation to COVID-19 (Paperback)
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List price R628
Loot Price R510
Discovery Miles 5 100
You Save R118 (19%)
Expected to ship within 10 - 15 working days
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In response to the economic impact of the COVID-19 pandemic, the US
Federal Reserve and central banks worldwide have deployed tools
that past policymakers and economists might have considered
radical. Programmes like large-scale securities purchases and a new
policy framework remain a source of confusion for investors,
journalists and ordinary citizens alike. Twenty-First Century
Monetary Policy demystifies these opaque techniques to reveal how
economic ideas, historical events and political forces have
transformed the Fed’s policies over several decades. From the
stagflation of the 1970s to the Great Recession and the recent
pandemic, Ben S. Bernanke masterfully examines how the Fed’s
policies—and the institution itself—may change as it grapples
with persistently low interest rates, systemic financial risk,
rapid technological change and polarised politics. With
unparalleled depth of expertise and robust historical sweep,
Twenty-First Century Monetary Policy is a must-read for anyone
interested in understanding modern finance, investments or US
economic policy.
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