Problems & contradictions of central banking -- Evolution of central banking: functions, targets & tools -- Central bank independence: but from whom? -- Hamilton's curse: the 1st bank of the United States -- The 2nd US bank & the depression of 1837-43 -- National banking goes bust: three crashes -- The US Federal Reserve Bank: origins & toxic legacies -- Greenspan's bank: the "typhon" monster released -- Bernanke's bank: Greenspan's "put" on steroids -- The Bank of Japan: harbinger of things that came -- The European Central Bank under German hegemony -- The Bank of England's last hurrah: from QE to brexit -- The People's Bank of China chases its shadows -- Yellen's bank: from Taper tantrums to Trump trade -- Concluding chapter: central bankers at the end of their rope?
Given the rapidly declining demand for central bank reserves and their gradual replacement in wholesale payments by alternative forms of money—clearinghouse moneyand treasury money—this paper discusses whether the complete extinction of ...
Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the ...
A work of meticulous reporting and bracing analysis, Collusion will change the way we understand the new world of international finance.
Uncovering the challenges that the money masters may face in an uncertain future, this book will be of interest to academics, researchers and practitioners in central banking, finance, and economics at large.
Much of the mys tique that has typically surrounded the internal work and decision-making of central banks has gradually disappeared. Instead, openness and transparency have become the key words of the day.
Such central banks as the Bank of England, the Bundesbank in Germany, and the Federal Reserve affect our lives substantially. They control interest rates, which affect mortgages and other forms...
Although little noticed, the face of central banking has changed significantly over the past ten to fifteen years, says the author of this enlightening book.
To what extent might one conclude that the 1913 Fed was a reflection of Hamilton's vision of a central bank? What was positive about that vision that became embedded in the 1913 Fed? And what was negative about the Hamiltonian vision ...
In The Little Book of the Shrinking Dollar: What You Can Do to Protect Your Money Now, three-time New York Times bestselling author and leading economic forecaster Addison Wiggin and coauthor Samantha Buker look at the dollar’s fall from ...
Brandon Garrett shows us the reasons why, and explains what the failed death penalty experiment teaches about the effect of inept lawyering, overzealous prosecution, race discrimination, wrongful convictions, and excessive punishments ...