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Lords of Easy Money: How the Federal Reserve Broke the American Economy, Papanicolaou...-

Texto original
Lords of Easy Money : How the Federal Reserve Broke the American Economy, Pap...
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Nuevo
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Aproximadamente15,78 EUR
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Ubicado en: Jessup, Maryland, Estados Unidos
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Entrega prevista entre el sáb. 29 jun. y el vie. 5 jul. a 43230
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N.º de artículo de eBay:364394118192
Última actualización el 18 jun 2024 12:55:15 H.EspVer todas las actualizacionesVer todas las actualizaciones

Características del artículo

Estado
Nuevo: Libro nuevo, sin usar y sin leer, que está en perfecto estado; incluye todas las páginas sin ...
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
Author
Christopher Leonard
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

Acerca de este producto

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
Author
Christopher Leonard
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
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.
Dewey Edition
23
CLASSIFICATION_METADATA
{"IsNonfiction":["Yes"],"IsOther":["No"],"IsAdult":["No"],"MuzeFormatDesc":["Trade Paperback"],"IsChildren":["No"],"Genre":["BUSINESS & ECONOMICS","POLITICAL SCIENCE"],"Topic":["Money & Monetary Policy","Economic History","Economic Conditions","Banks & Banking","Public Policy / Economic Policy"],"IsTextBook":["No"],"IsFiction":["No"]}
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.
ebay_catalog_id
4

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