How Long to Read Central Banking 101

How Long Does it Take to Read Central Banking 101?

It takes the average reader 3 hours and 20 minutes to read Central Banking 101 by Joseph Wang

Assuming a reading speed of 250 words per minute. Learn more

Description

Central banking is magic. With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending. And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand. The Fed acts through its Open Markets Desk, which sits at the heart of the global financial system as the world’s ultimate and limitless provider of dollars. On behalf of policy makers, the Desk gathers market intelligence from all the major market participants, sifts through reams of internal data, and works behind the scenes keep the financial system intact. It is responsible for all of the Fed's market operations, from trillions in quantitative easing to hundreds of billions in repo and FX-swap loans. The financial crises of 2008 and 2020 abated only through the emergency interventions of the Desk. Joseph Wang spent five years studying the monetary system as a trader on the Desk. From that vantage point, Joseph saw firsthand how the Fed operates and how the financial system really works. This book is a distillation of his experience that aims to educate and demystify. After reading this book, you will understand how money is created, how the global dollar system is structured, and how it all fits into the broader financial system. The views in this book do not necessarily reflect those of the Federal Reserve Bank of New York or the Federal Reserve System.

How long is Central Banking 101?

Central Banking 101 by Joseph Wang is 196 pages long, and a total of 50,176 words.

This makes it 66% the length of the average book. It also has 61% more words than the average book.

How Long Does it Take to Read Central Banking 101 Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 34 minutes to read Central Banking 101 aloud.

What Reading Level is Central Banking 101?

Central Banking 101 is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Central Banking 101?

Central Banking 101 by Joseph Wang is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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