Fed Up: An Insider's Take on Why the Federal Reserve is Bad for America
NY: Portfolio Penguin, 2017. 1st Edition. Hardcover_buckram spine. 6.25"x9.25" 326 index numbered pages. 4th printing. Soft gray boards. Black spine w/gold foil letters. Book design by Daniel Lagin. Jacket design: Pete Garceau. Author photo of Jeffrey McWhorter. Spine straight, binding tight, pages clean and bright. Not x-library, unclipped (price), & unmarked. Secure ship w/track #. Fine-Collectible / Fine. Item #15736
ISBN: 9780735211650
Now DiMartino Booth explains what really happened to our economy after the fateful date of December 8, 2008, when the Federal Open Market Committee approved a grand and unprecedented experiment: lowering interest rates to zero and flooding America with easy money. As she feared, millions of individuals, small businesses, and major corporations made rational choices that didn’t line up with the Fed’s “wealth effect” models. The result: eight years and counting of a sluggish “recovery” that barely feels like a recovery at all. DiMartino Booth pulls no punches in this exposé of the officials who run the Fed and the toxic culture they created. She blends her firsthand experiences with what she’s learned from dozens of high-powered market players, reams of financial data, and Fed documents such as transcripts of FOMC meetings. Whether you’ve been suspicious of the Fed for decades or barely know anything about it, as DiMartino Booth writes, “Every American must understand this extraordinarily powerful institution and how it affects his or her everyday life, and fight back.” Source: Publisher.
Price: $28.00