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, (electronic 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, (electronic resource)

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
Creator
Contributor
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
Cataloging source
Midwest
http://library.link/vocab/creatorName
Tamny, John
Dewey number
332.1/10973
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
hoopla digital
http://library.link/vocab/subjectName
  • Federal Reserve banks
  • Banks and banking, Central
  • Credit
  • Electronic books
Target audience
adult
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, (electronic resource)
Link
https://www.hoopladigital.com/title/11836114
Instantiates
Publication
Color
multicolored
Control code
MWT11836114
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Publisher number
MWT11836114
Specific material designation
remote
Stock number
11836114
System details
Mode of access: World Wide Web
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, (electronic resource)
Link
https://www.hoopladigital.com/title/11836114
Publication
Color
multicolored
Control code
MWT11836114
Dimensions
unknown
Extent
1 online resource
Form of item
  • online
  • electronic
Governing access note
Digital content provided by hoopla
Publisher number
MWT11836114
Specific material designation
remote
Stock number
11836114
System details
Mode of access: World Wide Web

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