Get Your Free Audiobook
-
21st Century Monetary Policy
- The Federal Reserve from the Great Inflation to COVID-19
- Narrated by: George Guidall
- Length: 16 hrs and 4 mins
Failed to add items
Add to cart failed.
Add to wishlist failed.
Remove from wishlist failed.
Follow podcast failed
Unfollow podcast failed
2 credits with free trial
Buy Now for ₹1,172.00
No valid payment method on file.
We are sorry. We are not allowed to sell this product with the selected payment method
Publisher's Summary
A former chair of the Federal Reserve explains the transformation of one our most powerful and consequential institutions.
In response to the economic impact of the COVID-19 pandemic, the U.S. Federal Reserve and central banks worldwide have deployed tools that past policymakers and economists might have considered radical. Programs 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 polarized politics. With unparalleled depth of expertise and robust historical sweep, Twenty-First Century Monetary Policy is a must-listen for anyone interested in understanding modern finance, investments, or U.S. economic policy.