The Lords of Easy Money is a book about the Federal Reserve, and how it broke the American economy. Author Christopher Leonard dives into the history of the Fed, as well as its current practices, to help readers understand why our economy is in such bad shape. This eye-opening book is essential reading for anyone who wants to know what’s really going on with America’s money system.
For who is this book for ?
This book is for people who are interested in money and finance, and want to learn more about the Federal Reserve. It’s also a great choice for anyone who wants to understand why our economy is in bad shape, and what we can do to fix it.
Pros :
- The book is very informative on the inner workings of the Federal Reserve.
- It provides an in-depth analysis of how the Fed’s policies have affected our economy.
- The author does a great job of making complex topics easy to understand for readers without a financial background
Cons :
- The book is dense and heavy on financial jargon
- It can be tough to follow the author’s train of thought
- Some readers may find it too depressing
Learn more about the author
Christopher Leonard is an award-winning journalist who has written for The New York Times, the Washington Post and other publications. He is a staff writer at the Associated Press and lives in upstate New York.
Reader Reviews
“An absolute must-read for anyone wanting to know more about the inner workings of America’s economy.”
“Christopher Leonard has done an admirable job of explaining how the Federal Reserve came to exercise such destructive power over our economy. The Lords of Easy Money is a must-read for anyone who wants to understand what went wrong and why.”
“Christopher Leonard has written a masterpiece on the Federal Reserve. His well-researched and solidly documented work provides an overwhelming indictment of how this quasi-private institution came to dominate our economy, often with disastrous consequences for American workers and businesses. This book is must reading for anyone who wants to understand why we are in the midst of the worst economic crisis since the Great Depression.”
“A provocative and well-researched account of the Federal Reserve… Leonard provides a comprehensive history of the century-old institution, as well as its role in the recent financial crisis. He makes a strong case that easy money policies have contributed to economic instability.”
