Title
Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money, Credit, and Why We Should Abolish America's Central,Used
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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 theyre also generally a bit confused as to why they distrust our central bank.Their animus is reasonable, though, because the Feds most famous functiontargeting the Fed funds rateis 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 perverted, so that most people believe its money and that the supply of it can therefore be increased. This false notion has aggrandized the Fed with power that it cant possibly use wisely. The contrast between the grinding poverty of Baltimore and the abundance of Silicon Valley helps illustrate the problem, along with stories about Donald Trump, Robert Downey Jr., Jim Harbaugh (the Michigan football coach), and robots.Who Needs the Fed? makes a sober case against the Federal Reserve by explaining what credit really is, and why the Feds existence is inimical to its creation. Readers will come away entertained, much more knowledgeable, and prepared to argue that the Fed is merely superfluous on its best days but perilous on its worst.
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- Q: How many pages does the book have? A: The book has two hundred twenty-four pages. This length provides an in-depth exploration of the Federal Reserve's impact on the economy.
- Q: What is the binding type of this book? A: The book is a hardcover. This binding type ensures durability and a premium feel, making it suitable for long-term use.
- Q: What are the dimensions of the book? A: The book measures six and a half inches in length, one inch in width, and nine point seven six inches in height. These dimensions make it an easy fit for most bookshelves.
- Q: Who is the author of the book? A: The author is John Tamny. He offers a unique perspective on the Federal Reserve's role in the economy.
- Q: What is the genre of this book? A: The book falls under the Arts and Photography category. It combines economic theory with cultural references for a broader understanding.
- Q: Is this book suitable for beginners in economics? A: Yes, this book is suitable for beginners. It presents complex ideas in an engaging and accessible manner.
- Q: Can I read this book if I'm not familiar with economic terms? A: Yes, you can read this book without prior economic knowledge. The author uses relatable examples to explain concepts.
- Q: What themes are explored in the book? A: The book explores themes of money, credit, and the implications of abolishing America's central bank. It examines these topics through contemporary cultural references.
- Q: Is the book intended for adults only? A: No, the book is not strictly for adults. While it covers economic topics, it's written in a way that is accessible to a wider audience.
- Q: How should I care for this hardcover book? A: To care for the hardcover book, keep it in a dry place and avoid exposure to direct sunlight. This will help maintain its condition.
- Q: Can I clean the book if it gets dirty? A: Yes, you can clean the book. Use a soft, dry cloth to gently wipe the cover and avoid using any liquids.
- Q: What if the book arrives damaged? A: If the book arrives damaged, you should contact customer support for return or replacement options. Most retailers will assist with this issue.
- Q: Is there a warranty for this book? A: No, there is typically no warranty for books. However, check with the retailer for their return policy.
- Q: How do I return the book if I'm not satisfied? A: To return the book, follow the retailer's return process, which usually involves providing proof of purchase and shipping it back.
- Q: Will there be any shipping costs for returns? A: Shipping costs for returns can vary by retailer. It's best to check their return policy for specific details.
- Q: Are there similar books about the Federal Reserve? A: Yes, there are several books on the Federal Reserve. Look for titles that also critique central banking or explore economic theory.