
The Lords of Easy Money
How the Federal Reserve Broke the American Economy
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Narrado por:
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Jacques Roy
Acerca de esta escucha
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.
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- Narrado por: Rob Shapiro
- Duración: 4 h y 14 m
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William D. Cohan is no knee-jerk advocate for Wall Street and the big banks. He's one of America's most respected financial journalists and the progressive best-selling author of House of Cards. He has long been critical of the bad behavior that plagued much of Wall Street in the years leading up to the 2008 financial crisis, and because he spent 17 years as an investment banker on Wall Street, he is an expert on its inner workings as well.
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An Inch Deep and A Mile Wide
- De Doug Sheridan en 04-26-17
De: William D. Cohan
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A First-Class Catastrophe
- The Road to Black Monday, the Worst Day in Wall Street History
- De: Diana B. Henriques
- Narrado por: Gabra Zackman
- Duración: 9 h y 43 m
- Versión completa
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Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6% - almost twice as bad as the worst day of 1929 - equal to a one-day loss of nearly 5,000 points today. Black Monday was more than seven years in the making and threatened nearly every US financial institution. Drawing on superlative archival research and dozens of original interviews, Diana B. Henriques weaves a tale of missed opportunities, market delusions, and destructive actions.
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Financial History Rhymes
- De David Larson en 10-07-17
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Reckless Endangerment
- How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon
- De: Gretchen Morgenson, Joshua Rosner
- Narrado por: L. J. Ganser
- Duración: 11 h y 57 m
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In Reckless Endangerment, Gretchen Morgenson, the star business columnist of The New York Times, exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy.
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Required reading
- De David en 10-24-11
De: Gretchen Morgenson, y otros
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Bought and Paid For
- The Unholy Alliance Between Barack Obama and Wall Street
- De: Charles Gasparino
- Narrado por: Lloyd James
- Duración: 9 h y 32 m
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According to business reporter Charles Gasparino, President Obama is faking his outrage at Wall Street, and his calls for new policies to rein in banks that are "too big to fail" are just pabulum. In reality, Obama has climbed into bed with Wall Street CEOs, giving them what they want so they will support his liberal, big-government agenda.
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Revealing and Convincing
- De Walter en 10-24-11
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More Money Than God
- Hedge Funds and the Making of a New Elite
- De: Sebastian Mallaby
- Narrado por: Alan Nebelthau
- Duración: 16 h y 4 m
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The Paul Volker Senior Fellow in International Economics at the Council on Foreign Relations, Washington Post journalist Sebastian Mallaby has garnered New York Times Editor’s Choice and Notable Book honors for his enthralling nonfiction. Bolstered by Mallaby’s unprecedented access to the industry, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007–2009.
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Valiant effort but lacking analytic horsepower...
- De ND en 01-10-11
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Confidence Men
- Wall Street, Washington, and the Education of a President
- De: Ron Suskind
- Narrado por: James Lurie
- Duración: 22 h
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The hidden history of Wall Street and the White House comes down to a single American concept: confidence. Both centers of power, New York and Washington, learned how to manufacture it - until August 2007, when that confidence began to crumble. Ron Suskind here tells the story of what happened next, as Wall Street struggled to save itself while a man with little experience and soaring rhetoric emerged from obscurity to usher in "a new era of responsibility".
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Insightful, but...
- De Ray en 10-29-11
De: Ron Suskind
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The Great American Stick Up
- Greedy Bankers and the Politicians Who Love Them
- De: Robert Scheer
- Narrado por: Christian Rummel
- Duración: 6 h y 12 m
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Instead of going where other journalists have gone in search of this story - the board rooms and trading floors of the big Wall Street firms - Scheer goes back to Washington, D.C., a veritable crime scene, beginning in the 1980s, where the captains of the finance industry, their lobbyists and allies among leading politicians destroyed an American regulatory system that had been functioning effectively since the era of the New Deal.
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A great telling of an unfortunate part of history
- De Trace en 10-27-20
De: Robert Scheer
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Naked Money
- A Revealing Look at What It Is and Why It Matters
- De: Charles Wheelan
- Narrado por: Jonathan Davis
- Duración: 13 h y 11 m
- Versión completa
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Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth $20? In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking.
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This is a beautiful audiobook, and well-narrated.
- De Thirsty Mind en 11-10-18
De: Charles Wheelan
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13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- De: Simon Johnson, James Kwak
- Narrado por: Erik Synnestvedt
- Duración: 8 h y 59 m
- Versión completa
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Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
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Easy to Understand and Comprehend
- De Kyle en 04-11-10
De: Simon Johnson, y otros
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A Monetary and Fiscal History of the United States, 1961-2021
- De: Alan S. Blinder
- Narrado por: Todd McLaren
- Duración: 15 h y 12 m
- Versión completa
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Alan Blinder, one of the world's most influential economists and one of the field's best writers, draws on his deep firsthand experience to provide an authoritative account of sixty years of monetary and fiscal policy in the United States. Spanning twelve presidents, from John F. Kennedy to Joe Biden, and eight Federal Reserve chairs, from William McChesney Martin to Jerome Powell, this is an insider's story of macroeconomic policy that hasn't been told before—one that is a pleasure to listen to, and as interesting as it is important.
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Listen for Nixon's Sake
- De Tricia en 10-26-22
De: Alan S. Blinder
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When Genius Failed
- The Rise and Fall of Long-Term Capital Management
- De: Roger Lowenstein
- Narrado por: Roger Lowenstein
- Duración: 9 h y 12 m
- Versión resumida
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Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.
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When Genius Failed
- De Sean en 12-17-08
De: Roger Lowenstein
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King of Capital
- The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone
- De: John E. Morris, David Carey
- Narrado por: George K. Wilson
- Duración: 14 h y 42 m
- Versión completa
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The financial establishment---banks and investment bankers, such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, and Morgan Stanley---were the cowboys, recklessly assuming risks, leveraging up to astronomical levels, and driving the economy to the brink of disaster.
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Great Story Ruined by Monotone Reading
- De Marc en 04-23-13
De: John E. Morris, y otros
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The Millionaire Master Plan
- Your Personalized Path to Financial Success
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Roger James Hamilton, himself a highly successful entrepreneur and successful investor, has designed nine steps - from barely surviving - all the way to the highest level of ultimate wealth for life - and he lays out his nine steps in an easy-to-understand "color-coded" manner that ranges from red (barely living paycheck-to-paycheck) all the way to ultra-violet (where generating income is simply no longer a worry)....
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Practical and powerful book that works for every individual
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Proverbs
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The Book of Proverbs could be titled ''Wise Up and Live". Beyond simply obeying laws, this book focuses on leading an aggressively dynamic life, giving examples of proper and improper attitudes, conduct, and characteristics in succinct, penetrating ways.
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I love this man
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Bitcoin
- A Peer-to-Peer Electronic Cash System
- De: Satoshi Nakamoto
- Narrado por: John Riddle
- Duración: 24 m
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Bitcoin is a free open-source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending.
De: Satoshi Nakamoto
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Proverbs: A Strong Man Is Wise
- A 30-Day Devotional (Strong Man Devotionals)
- De: Vince Miller
- Narrado por: Vince Miller
- Duración: 1 h y 32 m
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Every man desires to be strong and to be wise. Why not grow in strength and wisdom through the teachings of one of the strongest and wisest men ever to live? These engaging, actionable devotionals based on Solomon’s writings in Proverbs give men the skills they need for godly living in today’s challenging culture.
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The Creature from Jekyll Island
- A Second Look at the Federal Reserve
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This classic expose of the Fed has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true.
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Lost confidence in author
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Scientific Advertising
- De: Claude Hopkins
- Narrado por: Ty Carthage
- Duración: 2 h y 19 m
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Here it is: the spell book with all the secrets of advertising, laid at your feet. Pick them up! Use them! Make your fortune. In this Library of Congress Facsimile Edition, you get word-for-word exactly what Claude Hopkins wrote in 1923. No one has ever articulated the laws of advertising more clearly or compellingly. Hopkins understood the principle better than anyone. If you're looking to make money online, this book must be the first one you listen to.
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The Narrater is horrible
- De Eric Keith en 05-21-18
De: Claude Hopkins
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The Millionaire Master Plan
- Your Personalized Path to Financial Success
- De: Roger James Hamilton
- Narrado por: Ben Giroux
- Duración: 7 h y 53 m
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Roger James Hamilton, himself a highly successful entrepreneur and successful investor, has designed nine steps - from barely surviving - all the way to the highest level of ultimate wealth for life - and he lays out his nine steps in an easy-to-understand "color-coded" manner that ranges from red (barely living paycheck-to-paycheck) all the way to ultra-violet (where generating income is simply no longer a worry)....
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Practical and powerful book that works for every individual
- De Fredrik en 12-01-14
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Proverbs
- De: Dr. Chuck Missler
- Narrado por: Chuck Missler
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The Book of Proverbs could be titled ''Wise Up and Live". Beyond simply obeying laws, this book focuses on leading an aggressively dynamic life, giving examples of proper and improper attitudes, conduct, and characteristics in succinct, penetrating ways.
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I love this man
- De Honest words en 02-18-20
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Bitcoin
- A Peer-to-Peer Electronic Cash System
- De: Satoshi Nakamoto
- Narrado por: John Riddle
- Duración: 24 m
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Bitcoin is a free open-source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties. Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending.
De: Satoshi Nakamoto
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Proverbs: A Strong Man Is Wise
- A 30-Day Devotional (Strong Man Devotionals)
- De: Vince Miller
- Narrado por: Vince Miller
- Duración: 1 h y 32 m
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Every man desires to be strong and to be wise. Why not grow in strength and wisdom through the teachings of one of the strongest and wisest men ever to live? These engaging, actionable devotionals based on Solomon’s writings in Proverbs give men the skills they need for godly living in today’s challenging culture.
De: Vince Miller
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The Creature from Jekyll Island
- A Second Look at the Federal Reserve
- De: G. Edward Griffin
- Narrado por: Mark Bramhall
- Duración: 24 h y 21 m
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This classic expose of the Fed has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true.
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Lost confidence in author
- De Amazon Customer en 07-11-20
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Scientific Advertising
- De: Claude Hopkins
- Narrado por: Ty Carthage
- Duración: 2 h y 19 m
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Here it is: the spell book with all the secrets of advertising, laid at your feet. Pick them up! Use them! Make your fortune. In this Library of Congress Facsimile Edition, you get word-for-word exactly what Claude Hopkins wrote in 1923. No one has ever articulated the laws of advertising more clearly or compellingly. Hopkins understood the principle better than anyone. If you're looking to make money online, this book must be the first one you listen to.
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The Narrater is horrible
- De Eric Keith en 05-21-18
De: Claude Hopkins
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The Meat Racket
- The Secret Takeover of America's Food Business
- De: Christopher Leonard
- Narrado por: John Pruden
- Duración: 11 h y 26 m
- Versión completa
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Historia
How much do you know about the meat on your dinner plate? Journalist Christopher Leonard spent more than a decade covering the country's biggest meat companies, including four years as the national agribusiness reporter for the Associated Press. Now he delivers the first comprehensive look inside the industrial meat system, exposing how a handful of companies executed an audacious corporate takeover of the nation's meat supply.
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Hits the nail on the head.
- De Anonymous 8888 en 02-04-15
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Scientific Advertising
- De: Claude Hopkins
- Narrado por: Peter Coates
- Duración: 2 h y 3 m
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Scientific Advertising by Claude C. Hopkins is a timeless classic in the field of marketing and advertising. The book outlines Hopkins's revolutionary approach to advertising, emphasizing the importance of testing and measuring the effectiveness of advertising campaigns. Through empirical observation and data analysis, Hopkins argues that advertising should be treated as a science rather than an art, with measurable results guiding decision-making. With clear and concise language, Hopkins shares his insights into consumer psychology, emphasizing the importance of understanding the desires and motivations of potential customers.
De: Claude Hopkins
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Fed Up
- An Insider's Take on Why the Federal Reserve Is Bad for America
- De: Danielle DiMartino Booth
- Narrado por: Danielle DiMartino Booth
- Duración: 9 h y 57 m
- Versión completa
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In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News, Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies from the inside, she accepted the call to duty and rose to be one of Dallas Fed president Richard Fisher's closest advisors.
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straight forward brilliant
- De casey en 02-20-17
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The Alchemists
- Three Central Bankers and a World on Fire
- De: Neil Irwin
- Narrado por: Walter Dixon
- Duración: 14 h y 15 m
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Neil Irwin’s The Alchemists is a gripping account of the most intense exercise in economic crisis management we’ve ever seen, a poker game in which the stakes have run into the trillions of dollars. The book begins in, of all places, Stockholm, Sweden, in the 17th century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central banker came to exert such vast influence over our world, from its troubled beginnings to the age of Greenspan, bringing the listener into the present with a marvelous handle on how these figures and institutions became what they are.
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Couldn't Listen to this narrator
- De Donald en 07-23-13
De: Neil Irwin
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The Book of Proverbs: The Wisdom of Solomon
- De: Eric Roland Martin
- Narrado por: Eric Roland Martin
- Duración: 1 h y 49 m
- Versión completa
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The Book of Proverbs, from the King James Bible, contains the lessons of wisdom of King Solomon, the son of his great father, David. They are invaluable precepts for Jews and Christians, and have guided many to spiritual and moral strength. At their foundation is love and obedience to God, the source of all wisdom. The Proverbs offer a powerful insight into human nature, with all its flaws. They demonstrate that diligent observance of God's laws can lead to a rewarding and successful life.
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Very old English
- De DocHoliday en 02-14-25
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Too Big to Fail
- The Inside Story of How Wall Street and Washington Fought to Save the Financial System--and Themselves
- De: Andrew Ross Sorkin
- Narrado por: William Hughes
- Duración: 21 h y 4 m
- Versión completa
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Historia
A real-life thriller about the most tumultuous period in America's financial history by an acclaimed New York Times reporter. Andrew Ross Sorkin delivers the first true, behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami.
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Best Book About Meltdown
- De Chuck en 12-08-09
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Principles for Dealing with the Changing World Order
- Why Nations Succeed or Fail
- De: Ray Dalio
- Narrado por: Jeremy Bobb, Ray Dalio
- Duración: 16 h y 48 m
- Versión completa
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From legendary investor Ray Dalio, author of the number-one New York Times best seller Principles, who has spent half a century studying global economies and markets, Principles for Dealing with the Changing World Order examines history’s most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those we’ve experienced in our lifetimes - and to offer practical advice on how to navigate them well.
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Ray Dalio, Chinas New Minister of Propoganda
- De Dudley en 01-04-22
De: Ray Dalio
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The 5 Levels of Leadership (10th Anniversary Edition)
- Proven Steps to Maximize Your Potential
- De: John C. Maxwell
- Narrado por: John C. Maxwell
- Duración: 7 h y 17 m
- Versión completa
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True leadership isn't a matter of having a certain job or title. In fact, being chosen for a position is only the first of the five levels every effective leader achieves. To become more than "the boss" people follow only because they are required to, you have to master the ability to invest in people and inspire them. To grow further in your role, you must achieve results and build a team that produces. You need to help people to develop their skills to become leaders in their own right.
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Excellent Leadership Book
- De Dr. Blue en 08-21-21
De: John C. Maxwell
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The Art of Self-Directed Learning
- 23 Tips for Giving Yourself an Unconventional Education
- De: Blake Boles
- Narrado por: Blake Boles
- Duración: 2 h
- Versión completa
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The Art of Self-Directed Learning is a collection of 23 stories and insights that will help you become a more motivated and self-guided learner.
Drawing on a decade of research, adventures, and interviews conducted by Blake Boles (author of College Without High School and Better Than College), this book will inspire you to craft your own unconventional education, no matter whether you're a young adult, recent graduate, parent, or simply someone who never wants to stop learning.
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A few gems but not worth the money
- De Lannah Mason en 04-24-15
De: Blake Boles
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Your Next Five Moves
- Master the Art of Business Strategy
- De: Patrick Bet-David
- Narrado por: Patrick Bet-David
- Duración: 8 h y 6 m
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Historia
From the creator of Valuetainment, the number-one YouTube channel for entrepreneurs, and “one of the most exciting thinkers” (Ray Dalio, author of Principles) in business today, comes a practical and effective guide for thinking more clearly and achieving your most audacious professional goals.
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Mediocre; few actionable take-aways.
- De Michael en 10-31-20
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13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- De: Simon Johnson, James Kwak
- Narrado por: Erik Synnestvedt
- Duración: 8 h y 59 m
- Versión completa
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General
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Narración:
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Historia
Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
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Easy to Understand and Comprehend
- De Kyle en 04-11-10
De: Simon Johnson, y otros
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Broken Money
- Why Our Financial System Is Failing Us and How We Can Make It Better
- De: Lyn Alden
- Narrado por: Guy Swann
- Duración: 17 h y 31 m
- Versión completa
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General
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Broken Money explores the history of money through the lens of technology. Politics can affect things temporarily and locally, but technology is what drives things forward globally and permanently. The book's goal is for the listener to walk away with a deep understanding of money and monetary history, both in terms of theoretical foundations and in terms of practical implications.
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It’s the ledger stupid
- De Jessica Hopman en 03-14-24
De: Lyn Alden
Lo que los oyentes dicen sobre The Lords of Easy Money
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- Mary
- 03-16-22
Excellent Book!
Everyone should read or listen to this book
Fantastic and thoughtful explanation of how the Fed works and why our financial system is horribly skewed to help the wealthy while crushing everyone else
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- Jason Smith
- 03-17-22
Solid content explaining how the FED manipulates $
Solid content! One of the most up to date and in depth explanations of the plumbing of the FED from an inside perspective. I kept being reminded of why our founding father’s wrote in the constitution that only Gold and Silver are legal tender. No one human being locked in a small room with a computer (FED buyer) should be allowed to create billions of fiat currency with the click of a computer mouse, especially the world’s reserve currency.
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- Demetrius Walker
- 02-08-22
Makes understanding our economy clear
The author makes seemingly difficult concepts and Fed speak easy to comprehend for the average listener. Very impressed by how he ties together history and recent history to current events. Anybody looking to understand the current state of the American economy should definitely pick up this book!
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- John Smith
- 06-26-22
Great book!
I thought the information priceless and the story well told, but the anti-Trump sentiment was an unnecessary disappointment.
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- Peter Riley
- 11-18-22
Fantastic!
As Moe said to Curley; “I’ll explain it so even you understand it” 🤣
Leonard does a tremendous job of piecing together recent FED 0% interest rate policies and quantitative easing as it relates to our economy. He does this in a non-polemical way, just by putting the pieces together and tracing the trend lines that result from these policies. Fascinating and informative, essential information.
Very nicely read by Mr Roy
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- David Bradley
- 08-20-24
Robinhood is really a tool for the Big Institutions to follow order flow
Very Informative..Intriguing and proficiently detailed on the Federal reserve operates on a long term scale
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- Quinton Heck
- 01-06-25
Good explanation of Federal Reserve, with a political Lena
Good book with good information. There tends to be a political lean in the book that I will let the reader determine for themself. Overall a great read for anyone wanting to get a better understanding of how money and the fed really works.
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- Paul de Jong
- 01-22-22
Important Subtext.
The Fed: why is unemployment rising while the economy is booming?
The public: companies are exporting jobs to Mexico and China!
The Fed: why is there deflation when the markets are flooded with cash?
The public: jobs are moving to Mexico and China and wages are going down, housing prices are increasing and income disparity is going through the roof!
The Fed: you people are not economist and you have no idea what's going on!
The reasons for this are painfully obvious to anyone paying attention outside of the Fed. It's also the myth of the Ayn Rand libertarian, as soon as it's their ass on the line socialism for the rich.
Unfortunately the author doesn't mention this directly, but it is the subtext.
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- Christopher Cody
- 10-13-22
Clarity Cleaves Mysticism
Leonard lays out clearly the pre-Copernican understanding the U.S. Federal Reserve has of the monetary heavens as they think themselves the center of the universe. Leonard familiarizes us with the human struggles of both patient and papal practitioners who know if they push on that artery, the patient's eyes dullen, all the while not fathoming what consciousness actually is. Leonard makes the complex easily grasped. He helps lets us ride with him in the Fed's ATV while its drivers yell "Here, watch this, hold my Brunello!"
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- Eric
- 09-09-22
Relevant to all Americans
Very interesting and extremely frightening. Every American should know how the Fed works, but almost no one does. This book does a great job of telling the story of how we've gotten to where we are financially in 2022. We're in for some serious trouble in 2023...
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