FEDERAL RESERVE POLITICS AND MONETARY INSTABILITY

Gerald Epstein

Chapter 4 in The Political Economy of Central Banking, 2019, pp 86-115 from Edward Elgar Publishing

Abstract: The crucial significance of the Federal Reserve System in the making of U.S. macroeconomic policy has once again been made painfully apparent. The stagnation experienced by the U.S. economy since 1979 has, as its proximate cause, the restrictive monetary policies implemented by the U.S. central bank.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2019
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