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portada The Federal Reserve System: An Intentional Mystery
Type
Physical Book
Publisher
Author
Year
1985
Language
English
Pages
352
Format
Hardcover
ISBN
0275900835
ISBN13
9780275900830
Categories

The Federal Reserve System: An Intentional Mystery

Thibaut De Saint Phalle; Thibaut De St Phalle (Author) · Praeger · Hardcover

The Federal Reserve System: An Intentional Mystery - Thibaut De Saint Phalle; Thibaut De St Phalle

New Book Imported to South Africa
Delivery: 22 Sep - 30 Sep Shipping: 5 to 6 business days.
R 2,013
R 2,013

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Synopsis "The Federal Reserve System: An Intentional Mystery "

Deviating from the typical commentary on how the Federal Reserve functions, this new study analyzes the entire philosophy behind regulation, discusses its appropriateness in today's economic world, and argues that the system is in need of an overhaul. The Federal Reserve System takes a hard look at the bank regulatory system in the U.S. which differs dramatically from all other developed countries in its diversity: Federal Reserve, Comptroller of the Currency, Federal Deposit Insurance Corporation, and fifty state bank superintendents. Saint Phalle shows how and why this diverse system has developed, discusses the role of the Federal Reserve in the banking system, evaluates the Federal Reserve's mission both domestically and abroad, and examines the Reserve's role in controlling inflation and credit. The author also addresses the recent changes in the nature of banking, money, and credit, and suggests how bank regulations should adapt to these changes, particularly when insurance companies, investment bankers, and industrial firms now propose to offer financial services, formerly rendered by commercial banks.

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