{"product_id":"the-fed-unbound-the-trouble-with-government-by-central-bank-9781735913704","title":"The Fed Unbound: The Trouble with Government by Central Bank","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eThe Federal Reserve's efforts to stabilize the economy may have worsened inequality. The erosion of banking law and the rise of alternative forms of money have pushed the Fed to take on more and more responsibilities, leading to calls for Congress to reform the U.S. economic and financial infrastructure. \u003c\/blockquote\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 174 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 23 June 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Columbia Global Reports\u003cbr\u003e\u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe Federal Reserve, the central bank of the United States, was established with the primary purpose of overseeing a monetary system primarily composed of investor-owned, government-chartered banks. However, over time, significant changes have occurred in the banking landscape, leading the Fed to assume an increasingly significant role in managing the economy to prevent recessions, as it did during the 2008 crisis and again during the early months of the COVID-19 pandemic when it deployed $3 trillion to mitigate another financial meltdown.\u003cbr\u003e\u003cbr\u003eLegal scholar and former Treasury official Lev Menand delves into the details of how the Fed accomplished this and makes the case for addressing the underlying disease that has plagued the American economy for decades rather than solely relying on the Fed to treat its symptoms.\u003cbr\u003e\u003cbr\u003eThe Fed Unbound is a compelling call to Congress to undertake comprehensive reforms of the U.S. economic and financial infrastructure. This urgent appeal emphasizes the need to update and modernize the nation's financial regulations, promote stability, and ensure that the benefits of economic growth are distributed fairly to all Americans.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 196g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 127 x 188 x 16 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9781735913704\u003c\/p\u003e","brand":"Lev Menand","offers":[{"title":"Paperback \/ softback","offer_id":44098794094842,"sku":"9781735913704","price":9.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/1656066573694_book.jpg?v=1656162634","url":"https:\/\/shulphink.com\/products\/the-fed-unbound-the-trouble-with-government-by-central-bank-9781735913704","provider":"Shulph Ink","version":"1.0","type":"link"}