The Fed
Martin Mayer talked about his book, The Fed: The Inside Story of How the World’s Most Powerful Financial Institution Drives the Market, publ… read more
Martin Mayer talked about his book, The Fed: The Inside Story of How the World’s Most Powerful Financial Institution Drives the Market, published by The Free Press. The book focuses on contrasting a bank-mediated financial world with a market-mediated financial world and discusses how they can work in unison. Mr. Mayer explained obstacles that hinder the power of a central bank, the mediating device for monetary policy, and how technology has forced a change in secrecy of the operations of the Fed. Mr. Mayer answered questions from the audience. close
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