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Summary of Christopher Leonard’s The Lords of Easy Money

Summary of Christopher Leonard’s The Lords of Easy Money

Title: Summary of Christopher Leonard’s The Lords of Easy Money
Author: Falcon Press
Release: 2022-04-27
Kind: audiobook
Genre: Business & Personal Finance
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In The Lords of Easy Money (2022), journalist Christopher Leonard analyzes the decisions and policies of one of the most mysterious American institutions: the Federal Reserve. Leonard explains how the Fed managed the US economic system before, during, and after the financial crash of 2008, and highlights its powers to control interest rates and push banks and investors to incur riskier debts. The central bank is an intricate and powerful system that plays a huge role in determining the present and future of the US economy. Yet as the coronavirus crisis has again proven, the Fed and the system around it are deeply flawed.

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