Sök
Logga in
  • Hem

  • Kategorier

  • Ljudböcker

  • E-böcker

  • Magasin

  • För barn

  • Topplistor

  • Hjälp

  • Ladda ner appen

  • Lös in kampanjkod

  • Lös in presentkort

  • Prova gratis nu
  • Logga in
  • Språk

    • 🇸🇪 Sverige
    • 🇧🇪 Belgique
    • 🇩🇰 Danmark
    • 🇩🇪 Deutschland
    • 🇪🇸 España
    • 🇫🇷 France
    • 🇳🇱 Nederland
    • 🇳🇴 Norge
    • 🇦🇹 Österreich
    • 🇨🇭 Schweiz
    • 🇫🇮 Suomi
  1. Böcker
  2. Fakta
  3. Business

Läs och lyssna gratis i 42 dagar!

Avsluta när du vill

Prova gratis nu
4.7(9)

The Lords of Easy Money : How the Federal Reserve Broke the American Economy

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.

E-bok

  • Publicerad: 2022-07-11

  • Språk: Engelska

  • Förlag: Simon & Schuster

  • ISBN: 9781982166687


Författare:

  • Christopher Leonard

Format:

  • E-bok

Längd:

  • 311 sidor

Språk:

Engelska

Kategorier:

  • Fakta
  • Business

Mer av Christopher Leonard

Hoppa över listan
  1. The Lords of Easy Money: How the Federal Reserve Broke the American Economy

    Christopher Leonard

    audiobook
  2. Kochland : The Secret History of Koch Industries and Corporate Power in America

    Christopher Leonard

    book
  3. The Meat Racket: The Secret Takeover of America's Food Business

    Christopher Leonard

    book

Andra har också läst

Hoppa över listan
  1. The History of the Crusades (Vol.1-3) : Complete Edition

    Joseph François Michaud

    book
  2. The Ottoman Turks to the Fall of Constantinople

    Edwin Pears

    book
  3. Alexander the Great (Serapis Classics)

    Jacob Abbott

    book
  4. The Geography of Strabo

    Strabo

    book
  5. History of Julius Caesar

    Jacob Abbott

    book
  6. Anabasis: The March of the Ten Thousand : The Persian Expedition of Cyrus

    Xenophon

    book
  7. Summary: The Snowball : Review and Analysis of Schroeder's Book

    BusinessNews Publishing

    book
  8. The Anabasis of Alexander or, The History of the Wars and Conquests of Alexander the Great

    Arrian

    book
  9. The History of the Peloponnesian War : Historical Account of the War between Sparta and Athens

    Thucydides

    book
  10. Warfare in Ancient Greece : Arms and Armour From the Heroes of Homer to Alexander the Great

    Tim Everson

    book
  11. History of Egypt, Chaldea, Syria, Babylonia, and Assyria, Vol. 6

    G. Maspero

    book
  12. Anabasis: The March of the Ten Thousand : The Persian Expedition of Cyrus

    Xenophon

    book

Hjälp och kontakt


Om oss

  • Vår historia
  • Karriär
  • Press
  • Tillgänglighet
  • Samarbeta med oss
  • För investerare
  • Instagram
  • Facebook

Utforska

  • Kategorier
  • Ljudböcker
  • E-böcker
  • Magasin
  • För barn
  • Topplistor

Populära kategorier

  • Deckare
  • Biografier och reportage
  • Romaner
  • Feelgood och romance
  • Personlig utveckling
  • Barnböcker
  • Sanna berättelser
  • Sömn och avslappning

Nextory

Copyright © 2025 Nextory AB

Integritetspolicy · Användarvillkor ·
Utmärkt4.3 av 5