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The Lords of Easy Money: How the Federal Reserve Broke the American Economy
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The Lords of Easy Money: How the Federal Reserve Broke the American Economy
The Fed: The Secret Power Brokers of Our Time is a groundbreaking book that takes an in-depth look at the Federal Reserve, one of America's most mysterious institutions.
Author Christopher Leonard reveals how the Fed's policies under Chairman Jerome Powell have accelerated income inequality and put our country's economic stability at risk.
Through a radical intervention called quantitative easing, the Fed more than quadrupled the money supply with the goal of encouraging banks and other investors to extend risky debt.
While leaders at the Fed knew they were undertaking a bold experiment with long-term risks that were hard to measure, they proceeded anyway.
And when market started to crash, the Fed turned the money spigot back on.
This book provides a comprehensive understanding of how the Fed's actions have impacted our economy and why it is crucial for readers to understand its power and influence.
Don't miss out on this informative and thought-provoking read that will change the way you think about the Federal Reserve and its role in shaping our world.
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