The Toll of Rising Interest Rates (Classic Reprint): The One Great Waste in the Federal Budget: The One Great Waste in the Federal Budget (Classic Reprint) - Softcover
Synopsis
This book critiques US monetary policy since 1952, arguing that the Federal Reserve's focus on tight money and rising interest rates has severely damaged the economy. The author claims that these policies have cost the US trillions of dollars in lost production and millions of jobs, while exacerbating income inequality. The author instead proposes that the Federal Reserve prioritize expanding the money supply in line with economic growth targets set by the President's Economic Report. Doing so, the author argues, would lead to a more robust economy that benefits all Americans.
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The Toll of Rising Interest Rates: The One Great Waste in the Federal Budget
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book critiques US monetary policy since 1952, arguing that the Federal Reserve's focus on tight money and rising interest rates has severely damaged the economy. The author claims that these policies have cost the US trillions of dollars in lost production and millions of jobs, while exacerbating income inequality. The author instead proposes that the Federal Reserve prioritize expanding the money supply in line with economic growth targets set by the President's Economic Report. Doing so, the author argues, would lead to a more robust economy that benefits all Americans. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781528392402_0
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