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FED POWER

HOW FINANCE WINS

by Lawrence R. Jacobs

Cover of FED POWER

"Fed Power reveals how America's central bank undermined democratic accountability and widened economic inequality. It traces the Fed's historic rise to unparalleled power and capacity on domestic policy and its unilateral decisions during the 2008-9 financial crisis to leverage half of the country's net worth to the benefit of finance"--

Monetary policyEqualityDemocracyGovernment accountabilityHistoryCentral Banks and bankingFederal Reserve banksBanks and banking, centralMonetary policy, united statesFinance, public, accountingPOLITICAL SCIENCE / GeneralPOLITICAL SCIENCE / Public Policy / Economic Policy