| Record ID | marc_nuls/NULS_PHC_180925.mrc:267581811:2959 |
| Source | marc_nuls |
| Download Link | /show-records/marc_nuls/NULS_PHC_180925.mrc:267581811:2959?format=raw |
LEADER: 02959cam 2200421 i 4500
001 9925254808601661
005 20161216042144.6
008 160317s2016 nyu b 001 0 eng
010 $a 2015045934
019 $a927401788$a954351729
020 $a9781594038310 (hardback)
020 $a1594038317 (hardback)
020 $z9781594038327 (ebook)
024 8 $a40026293706
035 $a99970059485
035 $a(OCoLC)945585863$z(OCoLC)927401788$z(OCoLC)954351729
035 $a(OCoLC)ocn945585863
040 $aDLC$beng$erda$cDLC$dYDXCP$dBTCTA$dBDX$dOCLCF$dCLE$dCDX$dYUS$dILC
042 $apcc
043 $an-us---
050 00 $aHG2563$b.T36 2016
082 00 $a332.1/10973
100 1 $aTamny, John,$eauthor.
245 10 $aWho needs the Fed? :$bwhat Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank /$cJohn Tamny.
264 1 $aNew York :$bEncounter Books,$c2016.
300 $axviii, 202 pages ;$c24 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
520 $a"The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed's most famous function-targeting the Fed funds rate-is totally backwards. John Tamny explains this backwardness in terms of a Taylor Swift concert followed by a ride home with Uber. In modern times, he points out, the notion of credit has been perverted, so that most people believe it's money and that the supply of it can therefore be increased. This false notion has aggrandized the Fed with power that it can't possibly use wisely. The contrast between the grinding poverty of Baltimore and the abundance of Silicon Valley helps illustrate the problem, along with stories about Donald Trump, Robert Downey Jr., Jim Harbaugh (the Michigan football coach), and robots. Who Needs the Fed? makes a sober case against the Federal Reserve by explaining what credit really is, and why the Fed's existence is inimical to its creation. Readers will come away entertained, much more knowledgeable, and prepared to argue that the Fed is merely superfluous on its best days but perilous on its worst"--$cProvided by publisher.
504 $aIncludes bibliographical references and index.
505 0 $aForeword / by Rob Arnott -- Introduction -- Credit -- Banking -- The Fed -- Conclusion: The robot will be the biggest job creator in world history.
650 0 $aFederal Reserve banks.
650 0 $aBanks and banking, Central$zUnited States.
650 0 $aCredit.
776 08 $iOnline version:$aTamny, John, author.$tWho needs the Fed?$dNew York : Encounter Books, 2016$z9781594038327$w(DLC) 2016014394
947 $hCIRCSTACKS$r31786103050669
980 $a99970059485