fed and monetary policy

The Book I chose to discuss was Monetary Policy by Douglas Fisher. Overall, the book was mainly about the problems surrounding the formulation of an effective monetary policy and how government authorities, such as the Federal Reserve try to control the flow of money into the economy. The book explain the most obvious reason why this is so is that a policy which is made to influence the quantity of the medium of exchange affects …

…to do with it Moreover, I highly doubt that I would ever recommend this book to someone unless they have had prior knowledge about monetary policies and the Federal Reserve. However, by reading this book, I have a much broader view on the issue that was being discussed. Rather than just looking at monetary policy has a way of controlling the money supply there are also problems affecting how well it is conducted. ------------------------------------------------------------------------ **Bibliography**