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The Lords of Easy Money: How the Federal Reserve Broke the American Economy

The Lords of Easy Money: How the Federal Reserve Broke the American Economy

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The Lords of Easy Money by Christopher Leonard reveals how the Federal Reserve’s policies, led by Chairman Jerome Powell, have deepened income inequality and endangered U.S. economic stability. Through the lens of quantitative easing—an unprecedented intervention that flooded the economy with money starting in 2010—Leonard uncovers how the Fed’s actions have fueled risky debt, driven inflation, and widened the wealth gap. This gripping inside account exposes the long-term risks of these policies, showing how they have left middle-class Americans struggling while the rich thrive in an increasingly unstable economy.

Paper Back

Author: Christopher Leonard 

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