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21st Century Monetary Policy: The Federal Reserve from the Great Inflation to COVID-19 Fiction_Gift_Guide she teaches them how to21st Century Monetary Policy takes readers inside the Federal Reserve, explaining what it does and why. In response to the COVID 19 pandemic, the Federal Reserve deployed an extraordinary range of policy tools that helped prevent the collapse of the financial system and the U. S. economy. Chair Jerome Powell and his colleagues lent directly to U. S. businesses, purchased trillions of dollars of government securities, pumped dollars into the