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The Fed’s Unconventional Monetary Policy
- Narrated by: Kevin Stillwell
- Length: 28 mins
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The Fed’s Unconventional Monetary Policy
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Publisher's summary
Now, almost a decade after the Great Recession hit, the story of its origins and course has become familiar. It began in December 2007, soon after the US housing bubble burst, triggering the widespread collapse of the US financial system. Credit dried up, as banks lost confidence in the value of their assets and stopped lending to one another. Consumer spending plummeted. At first, the US Federal Reserve tried to boost spending through traditional monetary policy, by reducing short-term interest rates. Yet this proved ineffective, even though short-term interest rates fell close to zero. The government then turned to fiscal stimulus, with Congress passing a package of tax cuts and spending increases in 2009, but this, too, proved ineffectual.
"The Fed’s Unconventional Monetary Policy" is from the May/June 2016 issue of Foreign Affairs.
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Amoral, cunning, ruthless, and instructive, this piercing work distills 3,000 years of the history of power into 48 well-explicated laws. This bold volume outlines the laws of power in their unvarnished essence, synthesizing the philosophies of Machiavelli, Sun Tzu, Carl von Clausewitz, and other infamous strategists. The 48 Laws of Power will fascinate any listener interested in gaining, observing, or defending against ultimate control.
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5 out of 5 stars
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You don't have to be a psychopath to like this.
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The Anxious Generation
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There is no bigger public health story now than the collapse in youth mental health. The numbers are terrifying and dominate our headlines. There has been much debate over how we got here, and what to do next, and bestselling author and social psychologist Jonathan Haidt is at the white-hot center of that discourse. Haidt has spent his career speaking wisdom and truth into the most difficult landscapes—communities polarized by politics and religion, campuses battling culture wars, and now the perfect storm contributing to a public health emergency for Gen Z.
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3 out of 5 stars
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Empower parents, Not governments
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Justin has a curse, and thanks to a Reddit thread, it's now all over the internet. Every woman he dates goes on to find their soul mate the second they break up. When a woman slides into his DMs with the same problem, they come up with a plan: They'll date each other and break up. Their curses will cancel each other’s out, and they’ll both go on to find the love of their lives. It’s a bonkers idea… and it just might work.
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4 out of 5 stars
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Good but heavy
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The Idea of You
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Solene Marchand, the 39-year-old owner of an art gallery in Los Angeles, is reluctant to take her daughter, Isabelle, to meet her favorite boy band. But since her divorce, she's more eager than ever to be close to Isabelle. The last thing Solene expects is to make a connection with one of the members of the world-famous August Moon. But Hayes Campbell is clever, winning, confident, and posh, and the attraction is immediate. That he is all of 20 years old further complicates things. What begins as a series of clandestine trysts quickly evolves into a passionate and genuine relationship.
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5 out of 5 stars
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Fantasy meets Reality
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First Lie Wins
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The identity comes first: Evie Porter. Once she’s given a name and location by her mysterious boss Mr. Smith, she learns everything there is to know about the town and the people in it. Then the mark: Ryan Sumner. The last piece of the puzzle is the job. Evie isn’t privy to Mr. Smith’s real identity, but she knows this job will be different. Ryan has gotten under her skin, and she’s starting to envision a different sort of life for herself. But Evie can’t make any mistakes—especially after what happened last time.
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5 out of 5 stars
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What’s The lie?
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A Calamity of Souls
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Set in the tumultuous year of 1968 in southern Virginia, a racially-charged murder case sets a duo of white and Black lawyers against a deeply unfair system as they work to defend their wrongfully-accused Black defendants in this courtroom drama from #1 New York Times bestselling author David Baldacci.
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5 out of 5 stars
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Loved this book!!!!
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The Perfect Son
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Erika Cass has a perfect family and a perfect life. Until the evening when two detectives show up at her front door. A high school girl has vanished from Erika's quiet suburban neighborhood. The police suspect the worst - murder. And Erika's teenage son, Liam, was the last person to see the girl alive. Erika has always sensed something dark and disturbed in her seemingly perfect older child. She wants to believe he's innocent, but as the evidence mounts, she can't deny the truth - Liam may have done the unthinkable.
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1 out of 5 stars
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If you love animals give this one a miss!
- By Rachel on 08-18-22
By: Freida McFadden
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Volume One of Stalin begins and ends in January 1928 as Stalin boards a train bound for Siberia, about to embark upon the greatest gamble of his political life. He is now the ruler of the largest country in the world, but a poor and backward one, far behind the great capitalist countries in industrial and military power, encircled on all sides. In Siberia, Stalin conceives of the largest program of social reengineering ever attempted.
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In this major statement, the renowned international-relations scholar John Mearsheimer argues that liberal hegemony, the foreign policy pursued by the United States since the Cold War ended, is doomed to fail. It makes far more sense, he maintains, for Washington to adopt a more restrained foreign policy based on a sound understanding of how nationalism and realism constrain great powers abroad.
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Exceptional
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People are now exposed to more information than ever before, provided both by technology and by increasing access to every level of education. These societal gains, however, have also helped fuel a surge in narcissistic and misguided intellectual egalitarianism that has crippled informed debates on any number of issues. Today, everyone knows everything and all voices demand to be taken with equal seriousness, and any claim to the contrary is dismissed as undemocratic elitism.
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To understand world politics, you need to understand how states think. Are states rational? Much of international relations theory assumes that they are. But many scholars believe that political leaders rarely act rationally. The issue is crucial for both the study and practice of international politics. John J. Mearsheimer and Sebastian Rosato argue that rational decisions in international politics rest on credible theories about how the world works and emerge from deliberative decision‑making processes.
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Populist rage, ideological fracture, economic and technological shocks, geopolitical dangers, and an international system studded with catastrophic risk—the early decades of the 21st century may be one of the most revolutionary periods in modern history. But they are not the first. Humans have lived, and thrived, through more than one great realignment. What makes an age a revolutionary one? And how do they end?
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What listeners say about The Fed’s Unconventional Monetary Policy
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- Anonymous User
- 04-27-20
Audiobook doesn't work
Audiobook doesn't work, fails to download and play. It only occupies space on the library and sends error messages every time I open the app. More important, I can't delete it.
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