The Federal Reserve System, which has been Congress's agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the principal cause of the Great Depression of the 1930s and the inflation of the 1970s, and participated in the massive bailouts of financial institutions at taxpayer's expense during the recent Great Recession.
octobre 2014, env. 222 pages, Routledge Explorations in Economic History, Anglais
Taylor and Francis
978-1-138-01639-2
Taylor and Francis
978-1-138-01639-2
The Federal Reserve System, which has been Congress's agent for the control of money since 1913, has a mixed reputation. Its errors have been huge. It was the principal cause of the Great Depression of the 1930s and the inflation of the 1970s, and participated in the massive bailouts of financial institutions at taxpayer's expense during the recent Great Recession.
octobre 2014, env. 222 pages, Routledge Explorations in Economic History, Anglais
Taylor and Francis
978-1-138-01639-2
Taylor and Francis
978-1-138-01639-2
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