Prime Day

Como cliente Amazon Prime obtén 3 meses de Audible gratis

Diseño de la portada del título Fed Up

Fed Up

An Insider's Take on Why the Federal Reserve is Bad for America

Muestra
Compra por 12,88 € y comienza la oferta Pagar 11,89 € con prueba
Oferta válida hasta el 12 de diciembre de 2025 a las 23:59 h.
Después de los 30 días, 9,99 €/mes. Cancela tu siguiente plan mensual cuando quieras.
Ahorra más del 90% en tus primeros 3 meses.
Escucha todo lo que quieras de entre miles de audiolibros, podcasts y Audible Originals incluidos.
Escucha cuando y donde quieras, incluso sin conexión.
Sin compromisos. Cancela mensualmente.
Disfruta de más de 90.000 títulos de forma ilimitada.
Escucha cuando y donde quieras, incluso sin conexión
Sin compromiso. Cancela tu siguiente plan mensual cuando quieras.

Fed Up

De: Danielle DiMartino Booth
Narrado por: Danielle DiMartino Booth
Compra por 12,88 € y comienza la oferta Pagar 11,89 € con prueba

Paga 0,99 € por los primeros 3 meses y 9,99 €/mes después. Posibilidad de cancelar cada mes. Oferta válida hasta el 12 de diciembre de 2025.

Después de los 30 días, 9,99 €/mes. Cancela cuando quieras.

Compra ahora por 16,99 €

Compra ahora por 16,99 €

3 meses por 0,99 €/mes Oferta válida hasta el 12 de diciembre de 2025. Paga 0,99 € por los primeros 3 meses y 9,99 €/mes después. Se aplican condiciones.Empieza a ahorrar

Acerca de este título

A Federal Reserve insider pulls back the curtain on the secretive institution that controls America’s economy

After correctly predicting the housing crash of 2008 and quitting her high-ranking Wall Street job, Danielle DiMartino Booth was surprised to find herself recruited as an analyst at the Federal Reserve Bank of Dallas, one of the regional centers of our complicated and widely misunderstood Federal Reserve System. She was shocked to discover just how much tunnel vision, arrogance, liberal dogma, and abuse of power drove the core policies of the Fed.

DiMartino Booth found a cabal of unelected academics who made decisions without the slightest understanding of the real world, just a slavish devo­tion to their theoretical models. Over the next nine years, she and her boss, Richard Fisher, tried to speak up about the dangers of Fed policies such as quanti­tative easing and deeply depressed interest rates. But as she puts it, “In a world rendered unsafe by banks that were too big to fail, we came to understand that the Fed was simply too big to fight.”

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.

While easy money has kept Wall Street and the wealthy afloat and thriving, Main Street isn’t doing so well. Nearly half of men eighteen to thirty-four live with their parents, the highest level since the end of the Great Depression. Incomes are barely increasing for anyone not in the top ten percent of earners. And for those approaching or already in retirement, extremely low interest rates have caused their savings to stagnate. Millions have been left vulnerable and afraid.
Perhaps worst of all, when the next financial crisis arrives, the Fed will have no tools left for managing the panic that ensues. And then what?

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.”
Política pública Política y gobierno
No hay reseñas aún