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Floored!

How a Misguided Fed Experiment Deepened and Prolonged the Great Recession

Language EnglishEnglish
Book Paperback
Book Floored! George Selgin
Libristo code: 20828544
Publishers Cato Institute, October 2018
In October 2008, as the U.S. economy plunged, the Federal Reserve began paying interest on banks' re... Full description
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In October 2008, as the U.S. economy plunged, the Federal Reserve began paying interest on banks' reserve balances. The resulting switch to a "floor system" of monetary control, in which changes in the interest rate on reserves, rather than reserve crea

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About the book

Full name Floored!
Author George Selgin
Language English
Binding Book - Paperback
Date of issue 2018
Number of pages 230
EAN 9781948647083
ISBN 9781948647083
Libristo code 20828544
Publishers Cato Institute
Weight 384
Dimensions 215 x 139 x 18

Categories

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > Political economy
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