The lords of easy money : how the federal reserve broke the American economy /

Leonard, Christopher, 1975-

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

HG 2563 / L581l 2022

332.1/10973