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008			160317s2016 nyu b 001 0 eng
010			_a 2015045934
020			_a9781594038310 (hardback)
020			_a1594038317 (hardback)
040			_aDLC _beng _cDLC _erda _dDLC
041			_aeng
042			_apcc
043			_an-us---
050	1	4	_aHG 2563 _bT158w 2016
082	0	0	_a332.1/10973
100	1		_aTamny, John, _925219 _d1970-
245	1	0	_aWho needs the Fed? : _bwhat Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's central bank / _cJohn Tamny.
264		1	_aNew York : _bEncounter Books, _c2016.
300			_axviii, 202 pages ; _c24 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
504			_aIncludes bibliographical references and index.
520			_a"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 they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed's most famous function-targeting the Fed funds rate-is 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 it's money and that the supply of it can therefore be increased. This false notion has aggrandized the Fed with power that it can't 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 Fed's 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"-- _cProvided by publisher.
610	2	4	_925767 _aSistema de la Reserva Federal
650		0	_aFederal Reserve banks.
650		0	_aBanks and banking, Central _zUnited States.
650		4	_aBancos centrales _zEstados Unidos _9928
650		0	_aCredit.
650		4	_aCrédito _97478
776	0	8	_iOnline version: _aTamny, John, author. _tWho needs the Fed? _dNew York : Encounter Books, 2016 _z9781594038327 _w(DLC) 2016014394
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBK