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Monetary Policy in the 21st Century: The Evolution of the Federal Reserve from the Great Inflation to the COVID-19 Pandemic

39.99 €
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Monetary Policy in the 21st Century: The Evolution of the Federal Reserve from the Great Inflation to the COVID-19 Pandemic
39.99 €
In basket
Ben Bernanke, winner of the 2022 Nobel Prize in Economics, was Chairman of the Federal Reserve from 2006 to 2014. In 2009, Time magazine named him "Person of the Year."

The Great Inflation of the 1960s and 1970s, the global financial crisis of 2008, and the COVID-19 pandemic of 2020–2022—these are just a few of the serious upheavals the United States has endured. And yet, its economy remains one of the strongest in the world. Why? Largely thanks to the work of the Federal Reserve.

In his book, Bernanke explains the importance of many tools used by Fed chairmen for nearly a century, and discusses:

- dramatic economic events during which much depended on the Fed's decisions;
- the people who led the Federal Reserve and confronted crises;
- about the challenges that await the Fed in the future, including the return of inflation, cryptocurrency, and increased risks of financial instability.
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