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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
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 | #3035549 in eBooks |  2015-03-02 |  2015-03-02 | File type: PDF

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“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...

You easily download any file type for your device.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. Which are the reasons I like to read books. Great story by a great author.

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