Abstract
Introduction 1. History and Purpose of Central Banking 2. Post-World War II Macroeconomic Policy 3. Contemporary Federal Reserve Policy 4. Globalization, Deregulation, Mounting Global Capital Flows 5. New Activism by the European Central Bank (ECB) and the Bank of Japan 6. Financial Crises 7. Asset Price Bubbles 8. How the U.S. Central Bank Dealt with a Disastrous Credit Crisis 9. An Evaluation of Contemporary Fed Chairmen 10. Conclusions
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