Book description
The Wall Street Journal Best Book of the Year NEW YORK TIMES BESTSELLER The New York Times bestselling business journalist Christopher Leonard infiltrates one of America's most mysterious institutions--the Federal Reserve--to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country's economic stability at risk. If you asked most people what forces led to today's unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But the Fed also has a unique power to reshape the American economy for the worse, which it did, fatefully, on November 4, 2010 through a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway...and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see market start to crash, at which point the Fed turned the money spigot back on. That's what it did when COVID hit, printing 300 years' worth of money in two short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, stock prices are trading far above what's justified by actual corporate profits, corporate debt in America is at an all-time high, and this debt is being traded by big banks on Wall Street, leaving them vulnerable--just as they were during the mortgage boom. Middle-class wages have barely budged in a decade, and consumers are buried under credit card debt, car loan debt, and student debt. The Lords of Easy Money tells the shocking, riveting tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This will be the first inside story of how we really got here--and why we face a frightening future.
The Howling Swede
With this app, every moment is an opportunity to dive into a new story. 🛌 Indulging in soothing bedtime stories – this app is my nightly retreat into imagination. 🌙📚 ListenBook Pro's noise reduction feature is a game-changer. It enhances the audio quality and ensures that I can immerse myself fully in the content. The audio quality is superb. ListenBook enhances my audiobook experience.
Short Firecracker
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JK Friend
My commutes to work have transformed into exciting journeys thanks to this app. ListenBook Pro's noise reduction feature enhances the audio quality to a whole new level.
Show Off
ListenBook's dedication to delivering a high-quality playback experience sets it apart from other apps. ListenBook's sleek layout and quick chapter access have made my audiobook journey incredibly enjoyable. ListenBook Pro's noise reduction feature has transformed the audio quality. It's crystal clear now. ListenBook has completely changed how I enjoy audiobooks. The app is packed with features like customizable skip intervals, playback speed, and sleep timers. The interface is clean and easy to navigate. Five stars!
Achilles Mountain
Navigating through chapters is a breeze. I can easily jump to the parts I want to listen to. The intuitive chapter navigation and quick access to controls make my audiobook experience seamless.
QuestQuill
This app's features, from bookmarking to customizable playback speed, are fantastic. Effortlessly enjoying audiobook journeys – this app's ease of use is a winner. The quick access to chapters and controls makes the app a joy to use. I'm always in control. Drag and drop downloads directly from my web browser? That's a level of convenience I appreciate. Navigating through chapters has never been easier. It's a user-friendly delight.
Racy Lady
Sharing audiobooks with friends is a blast. AirDrop makes it seamless. The app is very user-friendly. ListenBook makes listening to audiobooks a breeze.
Blood Taker
This app's support for various formats has made my audiobook collection even more diverse and exciting. I'm amazed at how this app has made my daily activities more enjoyable and intellectually stimulating. I can't believe how easily this app has fit into my daily routine. ListenBook's sleek layout and quick chapter access have made my audiobook journey incredibly enjoyable.
CommandX
This app's intuitive controls and user-friendly layout have made audiobook listening a true pleasure. Streamlined audiobook integration – this app's usability is truly impressive.
Dr. WMD
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CZR
The fact that ListenBook doesn't just play, but enhances audio quality, is truly remarkable. 🛌 Drifting into dreamland with enchanting audiobooks – bedtime has become a gateway to imagination. 🌙📚 This served its purpose as background listening while I worked. I probably missed some details but the narrator's voice was pleasant enough.
Fire Bite
Binaural audio processing reduces fatigue during long listening sessions. A fantastic feature! The ability to play various audio formats without conversion is very convenient. ListenBook is a great app.
Tornado Maker
ListenBook's support for various audio formats makes it a versatile app for all kinds of audiobook enthusiasts. With ListenBook Pro, I can customize the tone of the sound to match my preferences – it's a fantastic touch. The intuitive interface and seamless navigation make this app a joy to use. 🚗📖 Beating traffic blues with engaging audiobooks – driving has never been this fun! 🚗🎧 CUE playlist support helps me organize my audiobooks efficiently. It's a great organizational tool.
Feral Filly
Automated artwork and metadata extraction make my audiobook library look neat and professional. The app is well-designed and user-friendly. ListenBook makes listening to audiobooks a joy.
PepperBurst
The sound quality is outstanding – it's like having a movie theater in my ears! ListenBook’s playback is silky-smooth. The app never glitches.
Senior Smurf
ListenBook's compatibility with various formats ensures I never miss out on any audio gem. I can't get enough of this app's easy navigation and quick access to chapters and playback controls. I can't get enough of this app's convenience – it has turned my audiobook journey into a delightful habit. This audiobook was a fantastic listen! The narrator's voice was clear and engaging, making it easy to follow along. The pacing was just right—not too fast, not too slow. Perfect for long commutes or relaxing at home. Highly recommend!
Dez Bonbon
Finally, an app that lets me enjoy audiobooks without worrying about file formats! Drag and drop downloads directly from my web browser? That's a level of convenience I appreciate.
Fast FLAK
This app has brought stories to life in a way that traditional reading never could. ListenBook has transformed my listening habits, making them more engaging and enjoyable. Audiobook enjoyment without the hassle – this app's design is a win. The narrator was good but spoke a bit too slowly for my taste. I had to speed it up to 1.2x which then made some parts sound slightly unnatural.
Shay
Binaural audio processing is amazing. Reduced my listening fatigue significantly. I love the quick access to settings. It makes tweaking the app so easy.
Atlantic Rim
I'm amazed at how this app has made reading fit into every aspect of my life. 🎧 An audiobook treasure trove in the palm of my hand – this app is pure convenience! 📚🌟 ListenBook has seamlessly integrated into my daily life, enhancing my workouts, commutes, and relaxation periods. It's an indispensable part of my routine. This app is a must-have for anyone who loves audiobooks. The interface is intuitive, and the app supports all formats. I love the auto-bookmark feature—it saves my place automatically, so I never lose track. Highly recommend!
Playing a wide variety of audio formats
Works on all devices with iOS 13 and newer
Huge amount of features for a small price
Frequent updates to add new features and improve existing ones
Advanced playback controls
Live sound processing
Changing the timbre of the reader's voice and noise reduction
Translated into more than 20 languages
If you love listening to fiction audiobooks, ListenBook has features to make the process easier.
Edit book data: title, author, cover
Use equalizer to make the sound comfortable for you
Adjust the playback speed
Enjoy dark and light app themes
Supported formats: MP3, M4B, AWB, FLAC, OGG audio files and many more (must be DRM free)
Auto-Bookmarks make it easy to find your place
AirPlay support allows redirection of audio output.
VoiceOver support
Dark mode for night owls
Convenient bookmarking system helps you mark the most important places.
Unlimited bookmarks for each audiobook
Put your own cover on the wager
Share your audiobook with friends
Lock-screen control
Customise app with extensive options
Sleep timer with shake to reset, set custom notification sounds, and a few unique options
Auto rewind depending on paused time, customize rewind times to your liking
Removing background noise from recordings made in classrooms and meetings
Changing the timbre of the reader's voice for a better listening experience