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Cover image for book Understanding Central Banking

Understanding Central Banking

The New Era of Activism
By:David Jones
Publisher:Taylor & Francis
Print ISBN:9780765642516
eText ISBN:9781317453048
Edition:1
Copyright:2014
Format:Reflowable

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Employing a light and lively writing style, the book starts with the history of central banking in England and then shifts focus to the United States, explains in detail how the Fed works, and covers the Fed's unprecedented activities to prevent the Great Recession from spiraling into the Greatest Depression. The final chapter presents a detailed scorecard for each of the Fed chairmen over the last 40 years.

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