The lords of easy money : how the federal reserve broke the American economy /
Christopher Leonard.
- First Simon & Schuster hardcover edition.
- viii, 373 pages ; 24 cm.
Includes "A plain-English glossary of important terms in this book."
Part 1: "Respectfully, no". Going below zero ; Serious numbers ; The great inflation(s) ; Fedspeak ; The overmighty citizen ; The money bomb Part 2: The age of ZIRP. Quantitative quagmire ; The fixer ; The risk machine ; The ZIRP regime ; The Hoenig rule ; Totally normal Part 3: Let them eat assets. The invisible bailout ; Infection ; Winners and losers ; The long crash
"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 over the past ten years have accelerated income inequality and put our country's economic stability at risk"--
9781982166632 (hardcover) 1982166630 (hardcover)
2021042301
Federal Reserve banks. Banco de la Reserva Federal Income distribution--United States. Distribución del ingreso--Estados Unidos
United States--Economic conditions. Estados Unidos--Condiciones económicas United States--Economic policy. Estados Unidos --Política económica