Someone reccommend a good book about treasury, fed etc.
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Date: April 23rd, 2014 3:35 PM Author: Supple smoky field brethren
Hi. Please select from among the following options:
#1) I would like books explaining the history and development of the Federal Reserve; or
#2) I would like books explaining the day-to-day operations and/or the economic theory underlying the Federal Reserve; or
#3) I would like discredited, fringe, conspiracy-theorist shit about the Federal Reserve that I can read whilst occupying public squares in the summer with my fellow #{currentmovement} brothers and sisters.
(http://www.autoadmit.com/thread.php?thread_id=2550067&forum_id=2#25432975) |
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Date: April 23rd, 2014 5:51 PM Author: Supple smoky field brethren
Brother, I'm not breaking any new ground here, I'm trying to point you toward foundational stuff. I'd start, per below, with the fed's own website so you have an overview of the system and the concept of monetary policy. Then, let's have you get two textbooks -- read in progression -- and two popular books -- one an "insider's view" and the other a historical overview.
Get: http://mitpress.mit.edu/books/monetary-theory-and-policy -- it's a foundational textbook that will help you with the theory aspect (depending on your math ability, I'd next go to http://www.amazon.com/Interest-Prices-Foundations-Theory-Monetary/dp/0691010498/ -- but that's down the road, depending on how much you like Walsh)
Get: http://www.amazon.com/Secrets-Temple-Federal-Reserve-Country/dp/0671675567 -- it's from the 80s but it doesn't matter, if you understand this understanding the changes that have taken place in the last 30 years will be easy; you'll also probably like this because it tries to actually explain, in semi-lay terms, what fed operations actually involve; it has a liberal bent but that's fine because the texts you're going to be reading represent conservatism; you can read in parallel: http://www.amazon.com/Federal-Reserve-System-History/dp/078641880X which will give you a nice history of the Fed.
Per above, don't underestimate the value of the resources on the fed's own site as a basic starting point before you start working in the books: http://federalreserve.gov/ For example,
- http://www.stlouisfed.org/inplainenglish/index.cfm
- http://www.federalreserveeducation.org/about-the-fed/structure-and-functions/monetary-policy/
- http://www.federalreserveeducation.org/about-the-fed/history/
- http://www.federalreserveeducation.org/about-the-fed/structure-and-functions/
If you get into this and you'd like to start getting article recommendations, I'm happy to guide you.
(http://www.autoadmit.com/thread.php?thread_id=2550067&forum_id=2#25433935) |
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