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The Lords of Easy Money

Christopher Leonard
Published: 2022
The Lords of Easy Money by Christopher Leonard is a book that delves into the role of the Federal Reserve in shaping the current economic landscape. The author argues that the Federal Reserve's unconventional monetary policy, specifically quantitative easing, has led to increased income inequality, financial crashes, and long-term risks. He claims that the Fed's experiment with quantitative easing resulted in few real jobs, with its leaders knowing the risks involved but proceeding anyway. The book is an inside story of how the economy got to where it is today and the potential risks that lie ahead.
The Lords of Easy Money by Christopher Leonard is a book that delves into the role of the Federal Reserve in shaping the current economic landscape. The author argues that the Federal Reserve's unconventional monetary policy, specifically quantitative easing, has led to increased income inequality, financial crashes, and long-term risks. He claims that the Fed's experiment with quantitative easing resulted in few real jobs, with its leaders knowing the risks involved but proceeding anyway. The book is an inside story of how the economy got to where it is today and the potential risks that lie ahead.

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