The Lords of Easy Money: How the Federal Reserve Broke the American Economy
16,97 €
gefunden bei Amazon
Zum Shop
Beschreibung
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
The Lords of Easy Money: How the Federal Reserve Broke the American Economy von Leonard, Christopher im Online-Buchhandel:
The Lords of Easy Money
13,99 €
gefunden bei buecher
The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America's...
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.
Verlag: Simon & Schuster / Simon & Schuster US
Zur Online-Buchhandlung von
buecher
buecher
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
von Leonard, Christopher
16,97 €
gefunden bei Amazon Marketplace
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
The Lords of Easy Money: How the Federal Reserve Broke the American Economy
Einband: Taschenbuch, Seitenzahl: 384 Seiten
Zur Online-Buchhandlung von
Amazon Marketplace
Amazon Marketplace
Bewerte das Buch
- Habe ich gelesen
- Möchte ich noch lesen
- Lieblingsbücher
- Wunschliste
Weitere Bücher von Leonard, Christopher
Aktuelle Bestseller des Verlags Simon & Schuster
.-Black-and-White-(Pokemon-Adventures.-Black-and-White,-Band-1)-von-Kusaki,-Hidenori-696474535.jpg "POKEMON ADV BLACK & WHITE GN VOL 01 (C: 1-0-1): Black and White")
POKEMON ADV BLACK & WHITE GN VOL 01 (C: 1-0-1): Black and White
von Kusaki, Hidenori
Taschenbuch
gefunden bei Amazon Marketplace
9,00 €
Zum Shop
Rowing the Atlantic: Lessons Learned on the Open Ocean
von Savage, Roz
Taschenbuch
gefunden bei Amazon Marketplace
14,95 €
Zum Shop
Bleach Volume 50: The Six Fullbringers (BLEACH GN, Band 50)
von Kubo, Tite
Taschenbuch
gefunden bei Amazon
11,99 €
Zum Shop
DudeFood: A Guy's Guide to Cooking Kick-Ass Food
von Churchill, Dan
Taschenbuch
gefunden bei Amazon Marketplace
16,20 €
Zum Shop
-729119598.jpg "P.S. I Still Love You (To All the Boys I've Loved Before, Band 2)")
Kaiju No. 8, Vol. 2: Volume 2 (KAIJU NO 8 GN, Band 2)
von Matsumoto, Naoyo
Taschenbuch
gefunden bei Amazon
8,99 €
Zum Shop
The Long Shadow: The Great War and the Twentieth Century
von David
Taschenbuch
gefunden bei Amazon Marketplace
14,00 €
Zum Shop
-728750332.jpg "We'll Always Have Summer (The Summer I Turned Pretty)")
How I Became a Dog Called Midnight: A magical animal mystery from the bestselling author of The Day I Fell Into a Fairytale
von Miller, Ben
Taschenbuch
gefunden bei Amazon
9,95 €
Zum Shop