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The Fed Unbound
Central Banking in a Time of Crisis
2022
EN
Do the Fed’s efforts to stabilize the economy worsen inequality?The 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, a...
The Fed Unbound
Central Banking in a Time of Crisis
- Narrated by
- Mark Deakins
- Series -
- Columbia Global Reports
Unabridged
3 hours 51 min
2022
EN
Do the Fed’s efforts to stabilize the economy worsen inequality?The 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, a...