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The Lords of Easy Money: How the Federal Reserve Broke the Amer - VERY GOOD
US $10.17
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3 available / 42 sold
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Located in: Montgomery, Illinois, United States
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eBay item number:275150771249
Item specifics
- Condition
- Brand
- Unbranded
- MPN
- Does not apply
- ISBN
- 9781982166632
- Book Title
- Lords of Easy Money : How the Federal Reserve Broke the American Economy
- Item Length
- 9 in
- Publisher
- Simon & Schuster
- Publication Year
- 2022
- Format
- Hardcover
- Language
- English
- Item Height
- 1.2 in
- Genre
- Business & Economics, Political Science
- Topic
- Banks & Banking, Economic History, Economic Conditions, Public Policy / Economic Policy, Money & Monetary Policy
- Item Width
- 6 in
- Item Weight
- 20.2 Oz
- Number of Pages
- 384 Pages
About this product
Product Information
The Wall Street Journal Best Book of the Year NEW YORK TIMES BESTSELLER The New York Times bestselling 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 the Fed also has a unique power to reshape the American economy for the worse, which it did, fatefully, on November 4, 2010 through 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 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 two short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, stock prices are trading far above what's justified by actual corporate profits, corporate debt in America is at an all-time high, and this debt is being traded by big banks on Wall Street, leaving them vulnerable--just as they were during the mortgage boom. Middle-class wages have barely budged in a decade, and consumers are buried under credit card debt, car loan debt, and student debt. The Lords of Easy Money tells the shocking, riveting tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This will be the first inside story of how we really got here--and why we face a frightening future.
Product Identifiers
Publisher
Simon & Schuster
ISBN-10
1982166630
ISBN-13
9781982166632
eBay Product ID (ePID)
28050407162
Product Key Features
Book Title
Lords of Easy Money : How the Federal Reserve Broke the American Economy
Format
Hardcover
Language
English
Topic
Banks & Banking, Economic History, Economic Conditions, Public Policy / Economic Policy, Money & Monetary Policy
Publication Year
2022
Genre
Business & Economics, Political Science
Number of Pages
384 Pages
Dimensions
Item Length
9 in
Item Height
1.2 in
Item Width
6 in
Item Weight
20.2 Oz
Additional Product Features
Intended Audience
Trade
Lc Classification Number
Hg2563.L47 2022
Reviews
"An eye-opener. Extremely 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." -- Mohamad El-Erian, New York Times bestselling author of The Only Game in Town and chief economic advisor to Allianz, "Skillfully tells the story of how, over several decades, a phalanx of economic sophisticates at the Fed have badly misunderstood the U.S. economy and often come up with policies that fail to produce the intended results." - The Wall Street Jornal
Lccn
2021-042301
Dewey Decimal
332.110973
Dewey Edition
23
Item description from the seller
Seller assumes all responsibility for this listing.
eBay item number:275150771249
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Montgomery, Illinois, United States
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| Free shipping | Free | United States | Economy Shipping (USPS Media MailTM) | Estimated between Fri, Jun 14 and Sat, Jun 15 to 43230 |
| US $4.95 | US $4.95 | United States | Standard Shipping (DGM SmartMail Expedited) | Estimated between Tue, Jun 18 and Mon, Jun 24 to 43230 |
| US $10.95 | US $10.95 | United States | Expedited Shipping (FedEx 2Day®) | Estimated between Tue, Jun 11 and Wed, Jun 12 to 43230 |
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🏆 SUPER STAR 🤩 AMAZING PHOTOS 🎯 ACCURATE DESCRIPTION ✏️ GENUINE PRODUCTS 💎 HIGH QUALITY 🍯 SUPER PRICES 💰 EASY TO WORK WITH 🍰 ECONOMY HANDLING ⏱️ FAST SHIPPING 🚀 BUBBLE PACKAGE 📦 ARRIVED WITHIN DAYS 🌎 EXCEPTIONAL COMMUNICATION 🎙️ OUTSTANDING CUSTOMER SERVICE 🛎️ GREAT SENSE OF HUMOR 🍿 TOTAL ASSET TO THE EBAY-ECO SYSTEM 🥇 SAVED SELLER 🎱 PROMT REPLY FOR RETURNS 🎯 WOULD BUY FROM AGAIN 🧲 UNDER PROMISES OVER DELIVERS ⛳️ MADE ME VERY HAPPY 🌈 LEFT POSITIVE FEEDBACK 🌼 THANK YOU! 😇 A+++
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