{"product_id":"strained-relations-michael-d-bordo-9780226051482","title":"Strained Relations: Us Foreign-Exchange Operations and Monetary Policy in the Twentieth Century","description":"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, stabilize their exchange rates, and benefit from free cross-border financial flows. Drawing on a trove of previously confidential data, \u003ci\u003eStrained Relations\u003c\/i\u003e reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances--most notably the abandonment of the international gold standard--and how political and bureaucratic factors affected this aspect of public policy.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Michael D. Bordo,Owen F. Humpage,Anna J. Schwartz\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 022605148X\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780226051482\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Chicago Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 02\/25\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 496\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.60lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.10h x 6.40w x 1.50d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 08\/01\/2015","brand":"Michael D. Bordo","offers":[{"title":"Hardcover","offer_id":48086389981439,"sku":"9780226051482","price":105.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_07d836bf-f9ae-4a05-aeee-10ec28370be5.jpg?v=1769094402","url":"https:\/\/www.whiterainbookhouse.com\/products\/strained-relations-michael-d-bordo-9780226051482","provider":"WR Book House","version":"1.0","type":"link"}