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02675aam a2200421 i 4500 001 4AD4E956851711EEB4A9908744ECA4DB 003 SILO 005 20231117010120 008 220104s2022 nyuab b 000 0 eng 010 $a 2021059231 020 $a 1735913707 020 $a 9781735913704 035 $a (OCoLC)1291568148 040 $a DLC $b eng $e rda $c DLC $d NYP $d OCLCF $d IGP $d JTB $d UTV $d AJB $d SILO 042 $a pcc 043 $a n-us--- 050 00 $a HG2565 $b .M46 2022 100 1 $a Menand, Lev, $e author. 245 14 $a The fed unbound : $b central banking in a time of crisis / $c Lev Menand. 264 1 $a New York : $b Columbia Global Reports, $c [2022] 300 $a 173 pages : $b illustrations, map ; $c 19 cm 504 $a Includes bibliographical references. 520 $a "It is a bedrock principle of the US Constitution that Congress, as representatives of the people, sets economic policy and directs government resources. This all changed thirteen years ago, and even more dramatically during the pandemic. The Federal Reserve operates independently from the rest of the government, and can create as much money as it sees fit and use it without the prior approval of Congress, the courts, or the President. When the Fed creates new money to address economic problems, it helps certain groups, like powerful business interests, and becomes a massive driver of inequality. Menand tells the story of how the Fed became out of control during the 2008 financial crisis and the 2020 pandemic, and what can be done about it"-- $c Provided by publisher. 505 0 $a The fed and the pandemic -- Money and banking in America -- The logic and limits of the Federal Reserve Act -- The collapse of banking law -- What to make of a fed unbound -- Finding a way forward. 610 20 $a Board of Governors of the Federal Reserve System (U.S.) 650 0 $a Federal funds market (United States) 651 0 $a United States $x Economic policy $y 21st century. 650 0 $a COVID-19 Pandemic, 2020- $x Economic aspects $z United States. 610 27 $a Board of Governors of the Federal Reserve System (U.S.) $2 fast $0 (OCoLC)fst00528659 650 7 $a Economic policy. $2 fast $0 (OCoLC)fst00902025 650 7 $a Economics. $2 fast $0 (OCoLC)fst00902116 650 7 $a Federal Reserve banks. $2 fast $0 (OCoLC)fst00922135 651 7 $a United States. $2 fast $0 (OCoLC)fst01204155 648 7 $a Since 2000 $2 fast 776 08 $i Online version: $a Menand, Lev. $t Fed unbound $d New York, NY : Columbia Global Reports, [2022] $z 9781735913711 $w (DLC) 2021059232 941 $a 1 952 $l OVUX522 $d 20231117014148.0 956 $a http://locator.silo.lib.ia.us/search.cgi?index_0=id&term_0=4AD4E956851711EEB4A9908744ECA4DBInitiate Another SILO Locator Search