Coverart for item
The Resource Who needs the Fed? : what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank, John Tamny

Who needs the Fed? : what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank, John Tamny

Label
Who needs the Fed? : what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank
Title
Who needs the Fed?
Title remainder
what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank
Statement of responsibility
John Tamny
Creator
Author
Subject
Language
eng
Summary
"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"--
Assigning source
Provided by publisher
Cataloging source
DLC
http://library.link/vocab/creatorName
Tamny, John
Dewey number
332.1/10973
Index
index present
LC call number
HG2563
LC item number
.T36 2016
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Federal Reserve banks
  • Banks and banking, Central
  • Credit
  • BUSINESS & ECONOMICS
  • ART
  • LAW
  • BUSINESS & ECONOMICS
  • Banks and banking, Central
  • Credit
  • Federal Reserve banks
  • United States
Label
Who needs the Fed? : what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank, John Tamny
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn945585863
Dimensions
24 cm
Extent
xviii, 202 pages
Isbn
9781594038310
Isbn Type
(hardcover)
Lccn
2015045934
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other control number
40026293706
System control number
(OCoLC)945585863
Label
Who needs the Fed? : what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank, John Tamny
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
ocn945585863
Dimensions
24 cm
Extent
xviii, 202 pages
Isbn
9781594038310
Isbn Type
(hardcover)
Lccn
2015045934
Media category
unmediated
Media MARC source
rdamedia
Media type code
n
Other control number
40026293706
System control number
(OCoLC)945585863

Library Locations

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      30.4223444 -97.7161692
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