{"product_id":"the-fed-unbound-central-banking-in-a-time-of-crisis","title":"The Fed Unbound: Central Banking in a Time of Crisis","description":"Do the Fed’s efforts to stabilize the economy worsen inequality?\n\nThe Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law and the rise of alternative forms of money created outside of the banking system have pushed the Fed to take on more and more responsibilities to keep the economy out of recession, as it did during the 2008 crisis, and again during the first months of the COVID-19 pandemic, when it created $3 trillion to stop another financial panic.\n\nLegal scholar and former Treasury official Lev Menand explains how the Fed did this, and argues that it is time to cure the disease that has plagued the American economy for decades, and not just rely on the Fed to treat its symptoms. The Fed Unbound is an urgent appeal to Congress to reform the U.S. economic and financial infrastructure.\u003cbr\u003eASIN: 1735913707\u003cbr\u003eVSKU: DBV.1735913707.VG\u003cbr\u003eCondition: Very Good\u003cbr\u003eAuthor\/Artist:Menand, Lev\u003cbr\u003eBinding: Paperback\u003cbr\u003e\u003cb\u003eNote:\u003c\/b\u003e Any images shown are stock photographs and product may differ from what is shown.  \u003cbr\u003e\u003cb\u003eCondition Notes\u003c\/b\u003e: Pages are clean with no markings. May show minor signs of wear or cosmetic defects  marks, cuts, bends, or scuffs  on the cover, spine, pages, or dust jacket. May have remainder marks on edges.  \u003cbr\u003e","brand":"Dream Books Co.","offers":[{"title":"Default Title","offer_id":41702069862458,"sku":"DBV.1735913707.VG","price":8.29,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/6011\/0138\/files\/1735913707-0.jpg?v=1790305043","url":"https:\/\/shop.dreambooksco.com\/products\/the-fed-unbound-central-banking-in-a-time-of-crisis","provider":"Dream Books Co.","version":"1.0","type":"link"}