The Federal Reserve System: An Intentional Mystery by Thibaut D. PhalleThe Federal Reserve System: An Intentional Mystery by Thibaut D. Phalle

The Federal Reserve System: An Intentional Mystery

byThibaut D. Phalle, Thibaut De Saint-Phalle, Thibaut De Saint Phalle

Paperback | April 15, 1984

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Deviating from the typical commentary on how the Federal Reserve functions, this new study analyzes the entire philosophy behind regulation, discusses its appropriateness in today's economic world, and argues that the system is in need of an overhaul. The Federal Reserve System takes a hard look at the bank regulatory system in the U.S. which differs dramatically from all other developed countries in its diversity: Federal Reserve, Comptroller of the Currency, Federal Deposit Insurance Corporation, and fifty state bank superintendents. De Saint Phalle shows how and why this diverse system has developed, discusses the role of the Federal Reserve in the banking system, evaluates the Federal Reserve's mission both domestically and abroad, and examines the Reserve's role in controlling inflation and credit. The author also addresses the recent changes in the nature of banking, money, and credit, and suggests how bank regulations should adapt to these changes, particularly when insurance companies, investment bankers, and industrial firms now propose to offer financial services formerly rendered by commercial banks.

Title:The Federal Reserve System: An Intentional MysteryFormat:PaperbackDimensions:352 pages, 9 × 6 × 0.73 inPublished:April 15, 1984Publisher:ABC-Clio, LLC

The following ISBNs are associated with this title:

ISBN - 10:0275918033

ISBN - 13:9780275918033