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Description
The Federal Reserve: What Everyone Needs to Know(r)The Federal Reserve System the central bank of the United States, better known as The Fed has never been more controversial. Criticism has reached such levels that Congressman Ron Paul, contender for the Republican presidential nomination in 2012, published End the Fed, with blurbs from musician Arlo Guthrie and actor Vince Vaughn. And yet, amid a slow economy and partisan gridlock, the Fed has never been more important. Stephen H. Axilrod explains
The Federal Reserve System--the central bank of the United States, better known as The Fed--has never been more controversial. Criticism has reached such levels that Congressman Ron Paul, contender for the Republican presidential nomination in 2012, published End the Fed, with blurbs from musician Arlo Guthrie and actor Vince Vaughn. And yet, amid a slow economy and partisan gridlock, the Fed has never been more important. Stephen H. Axilrod explains this influential agency-its powers, operations, how it sets policy-in The Federal Reserve, a timely addition to Oxford's acclaimed series, What Everyone Needs to Know(R). Of the two major governmental tools for shaping the economy, Congress controls fiscal policy-taxation and spending-and the Fed makes monetary policy-influencing how much money circulates in the economy, and how quickly. Traditionally the Fed has relied on three instruments: open-market operations (buying and selling U.S. bonds), lending to banks, and setting reserve requirements on bank deposits. It also helps to regulate the financial system. Drawing on years of experience inside the Federal Reserve System, Axilrod shows how these tools actually work, and answers a series of increasingly detailed questions in the series format. He asks, for instance, if the system of regional Fed banks needs modification for today's technological landscape; if there is corruption in the Fed's governance; what happens to profits from its operations; the impact of political pressure; the extent of Congressional oversight; and just how independent it truly is. Whether discussing the Fed's balance sheet through the financial crisis of 2008 and beyond, the federal funds rate, or the international context, Axilrod displays a mastery of his subject. Coming in time for the Fed's 100th anniversary in 2013, this book deftly explains an institution that every American needs to understand. What Everyone Needs to Know(R) is a registered trademark of Oxford University Press.Binding Type: Paperback
Publisher: Oxford University Press, USA
Published: 05/16/2013
ISBN: 9780199934478
Pages: 160
Weight: 0.38lbs
Size: 8.20h x 5.50w x 0.45d
Review Citations: Choice 12/01/2013
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4.2 ★★★★★
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Product Reviews
★★★★★ 5
Great Value! Well made!
Size: Large, Color: Dark Black, Size: Large, Color: Dark Black
Surprised by the high quality!
Good Fit
Pants will need hemming
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Reviewed in the United States on February 11, 2026
★★★★★ 5
pants were a little long but easy to fix
Size: Small, Color: Dark Black, Size: Small, Color: Dark Black
No regrets whatsoever about getting this tuxedo the quality was great the material felt very nice and it looks high quality the pants were a tiny bit too long but easy to get fixed and is wrinkle resistant honestly this product is worth every penny
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Reviewed in the United States on November 6, 2025
★★★★★ 5
Was good for the price .
Size: 3X-Large, Color: Dark Black
The tux fit correctly by using the size chart on the product window I used.
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Reviewed in the United States on May 18, 2026
★★★★★ 5
Excellent quality
Size: Large, Color: Purple
Perfect tuxedo to use for many functions. Got it about 2 years ago and have used it probably twice for galas as well as awards programs. Fits to size and didn’t break the bank. Texture is good and it is easy to pair with anything as well as is reusable.
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Reviewed in the United States on January 20, 2026
★★★★★ 4
Looovveeee it!!
Size: Medium, Color: Royal Blue, Size: Medium, Color: Royal Blue
The suit is amazing!! I just hate it arrived 3 days before prom after being delayed twice. It fit my son great, the blue was exactly as shown. It was not wrinkled or funny smelling at all. The material was very good and it will last a while. My son is 5’11, 150lbs, size medium
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Reviewed in the United States on April 22, 2026
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