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Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us about Money, Credit, and Why We Should Abolish America's Central Bank

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Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us about Money, Credit, and Why We Should Abolish America's Central Bank - Tamny, John
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"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 ...

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Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us about Money, Credit, and Why We Should Abolish America's Central Bank 2016, Encounter Books

ISBN-13: 9781594038310

Hardcover