Description
Book SynopsisA former chair of the Federal Reserve explains the transformation of one our most powerful and consequential institutions
Trade Review"Bernanke is the most influential thinker and practitioner on central banking of our era. His book,
21st Century Monetary Policy, offers a lucid account of the evolution of central banking and the US central bank from the ‘great inflation’ of the late 1960s, 1970s and early 1980s to today and into the future." -- Martin Wolf - Financial Times
"...[A] uniquely practical book as the public tries to better understand the powers of the Fed and Congress to juice or slow the economy amid a supply-chain crunch and sky-high demand." -- Andrew Ross Sorkin - The New York Times
"This exercise of historical assessment from a central participant is one that more policymakers should probably try. It allows readers to make judgements along with Bernanke and think about what lesson today's policymakers—who are once again battling inflation—might take." -- David Leonhardt - The New York Times
