Scan barcode
230 pages • missing pub info (editions)
ISBN/UID: 9781948647083
Format: Paperback
Language: English
Publisher: Cato Institute
Publication date: 22 October 2018
Description
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 reserv...
Community Reviews
Content Warnings
230 pages • missing pub info (editions)
ISBN/UID: 9781948647083
Format: Paperback
Language: English
Publisher: Cato Institute
Publication date: 22 October 2018
Description
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 reserv...
Community Reviews
Content Warnings