Strained Relations: Us Foreign-Exchange Operations and Monetary Policy in the Twentieth Century by Michael D. Bordo, Anna J. Schwartz, Owen F. Humpage

Strained Relations: Us Foreign-Exchange Operations and Monetary Policy in the Twentieth Century

National Bureau of Economic Research Monograph

Michael D. Bordo, Anna J. Schwartz, Owen F. Humpage

496 pages missing pub info (view editions)

nonfiction business economics psychology
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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, stabili...

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