Author: Christopher Leonard
Publisher: Simon and Schuster
ISBN: 1982166649
Category : Business & Economics
Languages : en
Pages : 384
Book Description
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.
The Lords of Easy Money
Author: Christopher Leonard
Publisher: Simon and Schuster
ISBN: 1982166649
Category : Business & Economics
Languages : en
Pages : 384
Book Description
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.
Publisher: Simon and Schuster
ISBN: 1982166649
Category : Business & Economics
Languages : en
Pages : 384
Book Description
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.
Easy Money Trading for Beginners
Author: Josef Argent
Publisher:
ISBN:
Category :
Languages : en
Pages : 140
Book Description
The key to being rich is learning how to become rich first. Everyone has their own idea of what it means to be rich and have financial freedom and the information this book will start you on your journey to getting what it is you want. This book will get you on the fast track to knowledge about what it takes to become financially independent so that you can live and make an income from anywhere in the world you wish to be. Use this book as an overview or a guide if you will, for what to study and learn first to become consistently profitable from investing and trading as a self-directed beginner. This book is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any self-directed beginner traders success in the financial markets. The key is to construct, implement then stick to a core strategy that is rule based, and if you wish to become wealthy, this is the only way to do it during both ups and downs in the markets. There is a lot to know and learn and I give you concise information as to what to learn first and what to look for as far as further information is concerned and where to look for it. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you unlimited amounts of money right away if you do them. You are the only one making you do this business so don’t you owe it to yourself to study the right information and do the best education and training you can right from the first day? The alternative of not doing it right from the start is your trading account will get FUBAR and no one wants that now right? By following the advice and information in this book you can greatly cut down the long learning curve there is in this business and put yourself on the fast track to making an unlimited income for yourself from anywhere in the world. That’s the best business in the world to be in isn’t it?
Publisher:
ISBN:
Category :
Languages : en
Pages : 140
Book Description
The key to being rich is learning how to become rich first. Everyone has their own idea of what it means to be rich and have financial freedom and the information this book will start you on your journey to getting what it is you want. This book will get you on the fast track to knowledge about what it takes to become financially independent so that you can live and make an income from anywhere in the world you wish to be. Use this book as an overview or a guide if you will, for what to study and learn first to become consistently profitable from investing and trading as a self-directed beginner. This book is written to provide straightforward, easy to understand and easy to apply advice, tips and techniques that can be the backbone of any self-directed beginner traders success in the financial markets. The key is to construct, implement then stick to a core strategy that is rule based, and if you wish to become wealthy, this is the only way to do it during both ups and downs in the markets. There is a lot to know and learn and I give you concise information as to what to learn first and what to look for as far as further information is concerned and where to look for it. I tell you only the most critical things to learn first because those are absolutely the most important and the ones that will make you unlimited amounts of money right away if you do them. You are the only one making you do this business so don’t you owe it to yourself to study the right information and do the best education and training you can right from the first day? The alternative of not doing it right from the start is your trading account will get FUBAR and no one wants that now right? By following the advice and information in this book you can greatly cut down the long learning curve there is in this business and put yourself on the fast track to making an unlimited income for yourself from anywhere in the world. That’s the best business in the world to be in isn’t it?
The Road to Unfreedom
Author: Timothy Snyder
Publisher: Crown
ISBN: 0525574476
Category : Political Science
Languages : en
Pages : 385
Book Description
NEW YORK TIMES BESTSELLER • From the author of On Tyranny comes a stunning new chronicle of the rise of authoritarianism from Russia to Europe and America. “A brilliant analysis of our time.”—Karl Ove Knausgaard, The New Yorker With the end of the Cold War, the victory of liberal democracy seemed final. Observers declared the end of history, confident in a peaceful, globalized future. This faith was misplaced. Authoritarianism returned to Russia, as Vladimir Putin found fascist ideas that could be used to justify rule by the wealthy. In the 2010s, it has spread from east to west, aided by Russian warfare in Ukraine and cyberwar in Europe and the United States. Russia found allies among nationalists, oligarchs, and radicals everywhere, and its drive to dissolve Western institutions, states, and values found resonance within the West itself. The rise of populism, the British vote against the EU, and the election of Donald Trump were all Russian goals, but their achievement reveals the vulnerability of Western societies. In this forceful and unsparing work of contemporary history, based on vast research as well as personal reporting, Snyder goes beyond the headlines to expose the true nature of the threat to democracy and law. To understand the challenge is to see, and perhaps renew, the fundamental political virtues offered by tradition and demanded by the future. By revealing the stark choices before us--between equality or oligarchy, individuality or totality, truth and falsehood--Snyder restores our understanding of the basis of our way of life, offering a way forward in a time of terrible uncertainty.
Publisher: Crown
ISBN: 0525574476
Category : Political Science
Languages : en
Pages : 385
Book Description
NEW YORK TIMES BESTSELLER • From the author of On Tyranny comes a stunning new chronicle of the rise of authoritarianism from Russia to Europe and America. “A brilliant analysis of our time.”—Karl Ove Knausgaard, The New Yorker With the end of the Cold War, the victory of liberal democracy seemed final. Observers declared the end of history, confident in a peaceful, globalized future. This faith was misplaced. Authoritarianism returned to Russia, as Vladimir Putin found fascist ideas that could be used to justify rule by the wealthy. In the 2010s, it has spread from east to west, aided by Russian warfare in Ukraine and cyberwar in Europe and the United States. Russia found allies among nationalists, oligarchs, and radicals everywhere, and its drive to dissolve Western institutions, states, and values found resonance within the West itself. The rise of populism, the British vote against the EU, and the election of Donald Trump were all Russian goals, but their achievement reveals the vulnerability of Western societies. In this forceful and unsparing work of contemporary history, based on vast research as well as personal reporting, Snyder goes beyond the headlines to expose the true nature of the threat to democracy and law. To understand the challenge is to see, and perhaps renew, the fundamental political virtues offered by tradition and demanded by the future. By revealing the stark choices before us--between equality or oligarchy, individuality or totality, truth and falsehood--Snyder restores our understanding of the basis of our way of life, offering a way forward in a time of terrible uncertainty.
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For the Love of Money
Author: Sam Polk
Publisher: Simon and Schuster
ISBN: 1476785996
Category : Biography & Autobiography
Languages : en
Pages : 288
Book Description
"A former hedge-fund trader presents a memoir about coming of age on Wall Street, his obsessive pursuit of money, his disillusionment and the radical new way he has come to define success, "--NoveList
Publisher: Simon and Schuster
ISBN: 1476785996
Category : Biography & Autobiography
Languages : en
Pages : 288
Book Description
"A former hedge-fund trader presents a memoir about coming of age on Wall Street, his obsessive pursuit of money, his disillusionment and the radical new way he has come to define success, "--NoveList
The Road Ahead
Author: Bill Gates
Publisher: Penguin Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 356
Book Description
In this clear-eyed, candid, and ultimately reassuring
Publisher: Penguin Group
ISBN:
Category : Business & Economics
Languages : en
Pages : 356
Book Description
In this clear-eyed, candid, and ultimately reassuring
Fifty Million Strong
Author: Ernest Irving Antrim
Publisher:
ISBN:
Category : Country life
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Country life
Languages : en
Pages : 168
Book Description