The Federal Reserve System's Overreach into Credit Allocation

被引：0

作者：

White, Lawrence H. ^{[1
]}

机构：

[1] George Mason Univ, Fairfax, VA 22030 USA

来源：

JOURNAL OF PRIVATE ENTERPRISE | 2015年 / 30卷 / 04期

关键词：

Federal Reserve System; preferential credit allocation; cronyism; moral hazard; quantitative easing; interest on reserves; Ben Bernanke;

D O I：

暂无

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The Federal Reserve System's attempts to direct the allocation of credit since 2007 have been overreaching, wasteful, morally hazardous, and fraught with serious governance (potential cronyism) problems. Accordingly, the Fed should remove itself, or be removed by Congress, from the formulation and implementation of credit-allocation policies.

引用

页码：17 / 29

页数：13

共 50 条

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[J]. JOURNAL OF POLITICAL ECONOMY, 1931, 39 (06) : 817 - 819
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[J]. ECONOMIC JOURNAL, 1933, 43 (171): : 488 - 492
[10] The Federal Reserve System and the Control of Credit
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[J]. ANNALS OF THE AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE, 1932, 161 : 263 - 263

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