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The Complete Idiot's Guide to the Federal Reserve
Describes the workings of the Federal Reserve, providing information on its history and why it was created, its power, and its importance in the world economy.
- GenresEconomics
336 pages, Paperback
First published March 1, 2003
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Displaying 1 of 1 review
July 24, 2013
I got this book to learn more about the Fed and its "dual mandate" to have maximum employment and stable prices.
I got about a hundred pages in and I don't think the book even mentions decreasing unemployment but just says "the number one goal of the Fed is still to avoid inflation" and doesn't mention any other goals.
I then checked the index and there were no entries for the terms "unemployment", "employment', or "maximum employment".
This book is definitely not relevant for today's economy where Ben Bernanke talks about unemployment endlessly.
I got about a hundred pages in and I don't think the book even mentions decreasing unemployment but just says "the number one goal of the Fed is still to avoid inflation" and doesn't mention any other goals.
I then checked the index and there were no entries for the terms "unemployment", "employment', or "maximum employment".
This book is definitely not relevant for today's economy where Ben Bernanke talks about unemployment endlessly.
Displaying 1 of 1 review