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

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

National Bureau of Economic Research Monograph

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

496 pages • missing pub info (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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