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Who Needs the Fed?
John Tamny
€ 27.99
€ 24.88
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Description for Who Needs the Fed?
hardcover. Num Pages: 224 pages. BIC Classification: 1KBB; KFFD; KFFK. Category: (G) General (US: Trade). Dimension: 229 x 152 x 23. Weight in Grams: 471.
The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed's most famous function--targeting the Fed funds rate--is totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with Uber. In modern times, he points out, the notion of credit has been perverted, so that most people believe it's money and that the ... Read more
The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed's most famous function--targeting the Fed funds rate--is totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with Uber. In modern times, he points out, the notion of credit has been perverted, so that most people believe it's money and that the ... Read more
Product Details
Format
Hardback
Publication date
2016
Publisher
Encounter Books,USA United States
Number of pages
224
Condition
New
Number of Pages
224
Place of Publication
New York, United States
ISBN
9781594038310
SKU
V9781594038310
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About John Tamny
John Tamny is the Political Economy editor at Forbes, editor of RealClearMarkets, a senior economic adviser to Toreador Research & Trading, and a senior economic fellow at Reason Foundation. He is a weekly panelist on Forbes on Fox, and his columns have appeared in the Wall Street Journal, Investor's Business Daily, National Review, the Financial Times, and London's Daily ... Read more
Reviews for Who Needs the Fed?
"It's not far into John Tamny's Who Needs the Fed? that you realize all of your preconceived notions about the Federal Reserve need to be tossed out the window and forgotten. Instead, markets rule over opaque Fed pronouncements and analysis of the scribblings in monthly Fed Minutes. All investors should read this book."
Andy Kessler, author of Wall Street Meat ... Read more
Andy Kessler, author of Wall Street Meat ... Read more