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Leonard examines the policies of the Federal Reserve, particularly in the aftermath of financial crises and during periods of aggressive monetary intervention. The book focuses on how these policies—especially low interest rates and quantitative easing—have disproportionately benefited wealthy investors and large corporations, while contributing to economic inequality. Leonard combines economic analysis with real-life stories to show the human impact of “easy money” policies.
Leonard examines the policies of the Federal Reserve, particularly in the aftermath of financial crises and during periods of aggressive monetary intervention. The book focuses on how these policies—especially low interest rates and quantitative easing—have disproportionately benefited wealthy investors and large corporations, while contributing to economic inequality. Leonard combines economic analysis with real-life stories to show the human impact of “easy money” policies.
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