Advertisement

A 100-Year-Old Monetary Disorder

  • Brendan Brown
Chapter
  • 84 Downloads

Abstract

Curse is a strong word to use about the global influence of a 100-year-old institution headed throughout by officials dedicated to public service in the world’s greatest economy and greatest democracy. Yet how else can we describe the infernal cycles of irrational exuberance, with their sequels of recession and depression, or the persistent and sometimes violent erosion in the real value of money which the Federal Reserve has generated in the USA and globally, occasionally with devastating geopolitical result?

Keywords

Interest Rate Monetary Policy Central Bank Federal Reserve Credit Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Brendan Brown 2013

Authors and Affiliations

  • Brendan Brown

There are no affiliations available

Personalised recommendations