Over the last decade, the gap between the rich and poor has grown dramatically. Stock prices are trading far above what’s justified by actual corporate profits, and corporate debt in America is at an all-time high. But how exactly did we get here? In The Lords of Easy Money: How the Federal Reserve Broke the American Economy, best-selling investigative journalist Chris Leonard exposes how decision-making at the Federal Reserve has accelerated income inequality and put our country’s economic stability at risk.
Join Economic Liberties on Tuesday, November 15 at 8pm ET/5pm PTas we dig in on how we really got here—and what this means for our economic future. Reviewers praise Leonard for masterfullytaking“an arcane subject” and building a“riveting narrative,” which lays out how“extreme financialization has transformed(or deformed) the economy and our politics.”
You can orderThe Lords of Easy Money: How the Federal Reserve Broke the American Economy, at your local, independent bookstore here and read more about it inThe New York Times.