The Fed: The Inside Story How World's Most Powerful Financial Institution Drives Markets

by Martin Mayer

A timely, inside look at America's Federal Reserve System reveals how the Fed has reinvented itself in response to changes in the new economy, explaining how it works, how it has changed, its impact on modern business and financial institutions, and more. Reprint.

Genres: Economics, Finance, Business, Politics, Nonfiction, History

Paperback

First published June 11, 2001

About the author

Martin Mayer was an American economist and writer.

Reviews

[Amanda · Rating 5 out of 5]

This book gave me a much better understanding of how the Fed really impacts the markets. I read it last year, but I find myself going back to it again and again as people keep talking about our current financial crisis.

A lot of what people think the Fed controls directly or indirectly is bollocks. That's why no one knows what to do with the $700B - because the government does not really have that much control beyond interest rates and regulatory structures.

Anyway, I find it really helpful!

[Fernando Duarte · Rating 3 out of 5]

Very instructive yet boring. Ideal as a first step into the inner workings. A must re-read if I ever try to get a job there :)

[Jason · Rating 2 out of 5]

just ok