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Twenty-First Century Monetary Policy - the Federal Reserve from the Great Inflation to COVID-19 by Ben S. Bernanke is a nonfiction available to read on EtoBox.

What is Twenty-First Century Monetary Policy - the Federal Reserve from the Great Inflation to COVID-19 about?

21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the COVID-19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U.S. economy. Chair Jerome Powell and his colleagues lent directly to U.S. businesses, purchased trillions of dollars of government securities, pumped dollars into the international financial system, and crafted a new framework for monetary policy that emphasized job creation. These strategies would have astonished Powell's late-20th-century predecessors, from William McChesney Martin to Alan Greenspan, and the advent of these tools raises new questions about the future landscape of economic policy. In 21st Century Monetary Policy, Ben S. Bernanke--former chair of the Federal Reserve and one of the world's leading economists--explains the Fed's evolution and speculates on its future. Taking a fresh look at the bank's policymaking over the past seventy years, including his own time as chair, Bernanke shows how changes in the economy have driven the Fed's innovations. He also lays out new challenges confronting th

Who reads Twenty-First Century Monetary Policy - the Federal Reserve from the Great Inflation to COVID-19?

Author

Ben S. Bernanke

Publisher

National Geographic Books

Published

2022

Language

EN

ISBN

9781324020479

Category

nonfiction

Subjects

Political Science, Economics, Social_sciences

Rating

4.6 / 5 (283 ratings)

Updated

2026-03-14