[PDF.32yl] Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century (National Bureau of Economic Research Monograph)
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Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century (National Bureau of Economic Research Monograph)
Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz
[PDF.ih17] Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century (National Bureau of Economic Research Monograph)
Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz epub Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz pdf download Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz pdf file Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz audiobook Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz book review Strained Relations: US Foreign-Exchange Michael D. Bordo, Owen F. Humpage, Anna J. Schwartz summary
“Bordo, Humpage, and Schwartz trace the development of US policies and institutions designed to maintain stability in foreign exchange markets during the past century. . . . Recommended.”
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market interve...
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