21st Century Monetary Policy explores the evolution of the Federal Reserve's tools, policy framework, and communications in response to major economic developments, focusing on the period from the Great Inflation to the COVID-19 pandemic. It examines how these changes have been shaped by factors such as inflation behavior, financial crises, and the constraints of low interest rates.
The target group of this book, 21st Century Monetary Policy, includes economists, policymakers, and individuals interested in understanding the evolution and future prospects of U.S. monetary policy and financial stability.
Buy the book
The evolution of the Federal Reserve's policies since the 1951 Treasury-Fed Accord has adapted to changing economic conditions, focusing on inflation control, employment, and financial stability through innovative tools and increased transparency.
The evolving Phillips curve challenges our understanding of the inflation-unemployment relationship in modern economies.
Unconventional monetary tools combat financial instability but raise concerns about potential side effects and sufficiency.
Declining real interest rates challenge traditional monetary policy, prompting central banks to innovate.
Adapting monetary policy to evolving challenges ensures financial stability and addresses social goals.
21st Century Monetary Policy by Ben S. Bernanke explores the evolution of the Federal Reserve and its monetary policies from the post-World War II era to the present day. The book highlights three key economic developments that have shaped the central bank's goals and constraints: the changing behavior of inflation, the increasing importance of financial stability, and the evolving role of the Fed in society. Bernanke also discusses the future of monetary policy, addressing current controversies and potential new tools and frameworks.
Ben S. Bernanke is an American economist who served as the Chairman of the Federal Reserve, the central bank of the United States, from 2006 to 2014. He is widely recognized for his role in navigating the U.S. economy through the 2008 financial crisis and implementing unconventional monetary policies.
90% of domains are vulnerable to email fraud and spoofing. Cybercriminals can send emails as you, even if you don't. DMARC stops this.
Check DMARC Now
"Rich Dad Poor Dad" is a guide to financial independence, detailing the contrasting advice given by the author's educated but financially struggling father and his friend's less educated but wealthy father. It challenges conventional wisdom on money and investing, advocating for financial education and entrepreneurship.
Profit First is a revolutionary handbook that transforms the way businesses are run by flipping the paradigm of having profit as mere leftovers. This system secures profit first and runs the business with the remaining cash, teaching entrepreneurs to manage expenditures and growth, thereby ensuring businesses stay profitable no matter their size or industry.
21st Century Monetary Policy explores the evolution of the Federal Reserve's tools, policy framework, and communications in response to major economic developments, focusing on the period from the Great Inflation to the COVID-19 pandemic. It examines how these changes have been shaped by factors such as inflation behavior, financial crises, and the constraints of low interest rates.
A comprehensive guide to the principles of value investing, this book dispels common Wall Street myths and provides a framework for achieving investment success with limited risk. Exploring topics like why most investors are risk-averse and the importance of a margin of safety, readers learn to think critically about investing and avoid common pitfalls.
"Money" ist ein Ratgeber, der dir Schritt für Schritt zeigt, wie du deine Finanzen in den Griff bekommst und finanzielle Freiheit erreichst. Das Buch bietet Einblicke von erfolgreichen Finanzexperten, Strategien für den Erfolg und Tipps, um häufige Fehler in der Finanzwelt zu vermeiden.
"Way of the Turtle" dives into the intriguing world of Turtle trading. The author, Curtis M. Faith, was the most successful of the Turtles, earning more than $31 million for Dennis. The book unveils the details of the Turtle trading system, its rules, and implementation. It explores elements of trading psychology and the importance of trader's conviction in system expectations.
