Who Needs the Fed? : What Taylor Swift, Uber, and Robots Tell Us about Money, Credit, and Why We Should Abolish America's Central Bank
Language: English
Published by Encounter Books, 2016
- Hardcover
- Used
Seller: Better World Books, Mishawaka, IN, U.S.A.Better World Books
AbeBooks seller since August 3, 2006
Condition: Used - Very good
£ 5.34
Quantity: 1 available
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Pages intact with possible writing/highlighting. Binding strong with minor wear. Dust jackets/supplements may not be included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good.
Seller Inventory # 9873552-6
- Title
- Who Needs the Fed? : What Taylor Swift, Uber, and Robots Tell Us about Money, Credit, and Why We Should Abolish America's Central Bank
- Author
- Tamny, John
- Publisher
- Encounter Books
- Publication year
- 2016
- Condition
- Very Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1594038317
- ISBN 13
- 9781594038310
- Item weight
- 1.034 pounds
- Dimensions
- N/A
Their animus is reasonable, though, because the Fed&;s most famous function—targeting the Fed funds rate—is totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with Uber.
In modern times, he points out, the notion of credit has been perverted, so that most people believe it&;s money and that the supply of it can therefore be increased. This false notion has aggrandized the Fed with power that it can&;t possibly use wisely. The contrast between the grinding poverty of Baltimore and the abundance of Silicon Valley helps illustrate the problem, along with stories about Donald Trump, Robert Downey Jr., Jim Harbaugh (the Michigan football coach), and robots.
Who Needs the Fed? makes a sober case against the Federal Reserve by explaining what credit really is, and why the Fed&;s existence is inimical to its creation. Readers will come away entertained, much more knowledgeable, and prepared to argue that the Fed is merely superfluous on its best days but perilous on its worst.
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Better World Books
Mishawaka, IN, U.S.A.
AbeBooks seller since August 3, 2006
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Better World Books (https://www.BetterWorldBooks.com) is a for-profit, socially conscious business and a global online bookseller that collects and sells new and used books online, matching each purchase with a book donation. Each sale generates funds for literacy and education initiatives in the U.S., the UK, and around the world. Since its launch in 2003, Better World Books has raised $33 million for libraries and literacy, donated over 32 million books, and reused or recycled more than 397 million books.…
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55740 Currant Road
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