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The Lords Of Easy Money: How The Federal Reserve Broke The American Economy
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- Buy It NowThe Lords Of Easy Money: How The Federal Reserve Broke The American Economy
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Item specifics
- Condition
- ISBN
- 9781982166649
- Book Title
- Lords of Easy Money : How the Federal Reserve Broke the American Economy
- Publisher
- Simon & Schuster
- Item Length
- 8.4 in
- Publication Year
- 2023
- Format
- Trade Paperback
- Language
- English
- Item Height
- 1 in
- Genre
- Political Science, Business & Economics
- Topic
- Banks & Banking, Economic History, Economic Conditions, Public Policy / Economic Policy, Money & Monetary Policy
- Item Weight
- 10.8 Oz
- Item Width
- 5.5 in
- Number of Pages
- 384 Pages
About this product
Product Identifiers
Publisher
Simon & Schuster
ISBN-10
1982166649
ISBN-13
9781982166649
eBay Product ID (ePID)
14057263375
Product Key Features
Book Title
Lords of Easy Money : How the Federal Reserve Broke the American Economy
Number of Pages
384 Pages
Language
English
Publication Year
2023
Topic
Banks & Banking, Economic History, Economic Conditions, Public Policy / Economic Policy, Money & Monetary Policy
Genre
Political Science, Business & Economics
Format
Trade Paperback
Dimensions
Item Height
1 in
Item Weight
10.8 Oz
Item Length
8.4 in
Item Width
5.5 in
Additional Product Features
Intended Audience
Trade
Dewey Edition
23
Reviews
"Leonard's wonderfully readable new book is about one of the most important, yet least covered and least understood, changes in American life. That's the effect of the dramatically increased role in financial markets played by the Federal Reserve. As Leonard convincingly argues, it might be nothing short of catastrophic." -- Bethany McLean, New York Times bestselling co-author of The Smartest Guys in the Room "An essential, engrossing and, above all, human tale featuring the central banker who dared to dissent from the party line and a factory worker whose sufferings are traceable to that dissident's failure to carry his case. A monetary page-turner? Christopher Leonard has actually produced one." -- James Grant, founder and editor of Interest Rate Observer "Thanks to Leonard's gripping narrative, I now have a new monetary hero: former Fed governor Tom Hoenig. If, like me, you are desperate to understand how we got into this predicament, The Lords of Easy Money is required reading." -- William D. Cohan, New York Times bestselling author of House of Cards "Leonard's richly reported and provocative exploration will have you reassessing whether the Fed built on a solid foundation or on air." -- Jesse Eisinger, Pulitzer Prize winning author of The Chickenshit Club "An eye-opener. Well-researched and engaging, it brings to life consequential issues that influence the current and future wellbeing of most Americans... How this journey ends has important implications not just for the United States but also globally." -- Mohamed A. El-Erian, New York Times bestselling author of The Only Game in Town and president of Queens' College, Cambridge University.
TitleLeading
The
Dewey Decimal
332.110973
Synopsis
The New York Times bestseller by business journalist Christopher Leonard infiltrates one of America's most mysterious institutions -- the Federal Reserve -- to show how its policies over the past ten years have accelerated income inequality and put our country's economic stability at risk., The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America's most mysterious institutions--the Federal Reserve--to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country's economic stability at risk. If you asked most people what forces led to today's unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway...and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That's what it did when COVID hit, printing 300 years' worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the "too big to fail" banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money "skillfully" ( The Wall Street Journal ) tells the "fascinating" ( The New York Times ) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here--and why our economy rests on such unstable ground.
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- r***m (401)- Feedback left by buyer.Past 6 monthsVerified purchaseSmooth transaction. Excellent price! No problems whatsoever. Item is just as described and pictured in the listing. Looking forward to reading this book. It’s just like new! It was packaged very well so that it couldn’t get damaged during shipment. It was shipped out very quickly and received in short order. I really appreciate that! I look forward to doing business with this eBay seller again in the future. Thank you very much!
- n***g (609)- Feedback left by buyer.Past 6 monthsVerified purchaseReliable SELLERS like this one are the reason why I’ve started using and following these professionals on eBay and have left the terrible Amazon shipped products. Absolutely 100% perfect transaction. Item arrived earlier than expected, well packaged and in absolutely MINT appearance and condition!!! Amazon would learn a thing or two when it comes to businesses like this where the price is right and the item actually arrives as described and in perfect collector's quality. A+!!!John Carter And The Gods Of Hollywood: How The Sci-Fi Classic Flopped At Th... (#184058181774)
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- r***o (2455)- Feedback left by buyer.Past 6 monthsVerified purchaseArrived quickly and as described
- d***n (423)- Feedback left by buyer.Past monthVerified purchaseFast shipping
- b***s (114)- Feedback left by buyer.Past 6 monthsVerified purchaseAs described , thank you
- f***f (1616)- Feedback left by buyer.Past 6 monthsVerified purchaseExcellent Seller, Goes the Extra Mile. The Seller Was Incredibly Communicative. Smooth Transaction, Shipped Very Quickly, As Advertised; Good Price; Well Packaged & Delivered Within a Few Days. Item in Described Promised Condition, Thank You Very Much!!!!!!!!!!! A+
- r***m (401)- Feedback left by buyer.Past 6 monthsVerified purchaseSmooth transaction. Excellent price! No problems whatsoever. Item is just as described and pictured in the listing. Looking forward to reading this book. It’s just like new! It was packaged very well so that it couldn’t get damaged during shipment. It was shipped out very quickly and received in short order. I really appreciate that! I look forward to doing business with this eBay seller again in the future. Thank you very much!
- n***g (609)- Feedback left by buyer.Past 6 monthsVerified purchaseReliable SELLERS like this one are the reason why I’ve started using and following these professionals on eBay and have left the terrible Amazon shipped products. Absolutely 100% perfect transaction. Item arrived earlier than expected, well packaged and in absolutely MINT appearance and condition!!! Amazon would learn a thing or two when it comes to businesses like this where the price is right and the item actually arrives as described and in perfect collector's quality. A+!!!John Carter And The Gods Of Hollywood: How The Sci-Fi Classic Flopped At Th... (#184058181774)