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.
Fadey
Tone adjustment is so cool. It's like customizing the reader's voice to my liking. The ability to play various audio formats without conversion is very convenient. ListenBook is a great app. This audiobook was an absolute pleasure to listen to! The narrator's voice was rich and expressive, perfectly capturing the tone of the material. I found myself completely immersed in the story, often sitting in my car longer than necessary just to hear what happened next. The production quality was excellent with clear audio throughout.
Tokyo Dream
Audiobooks have made my commutes so much more enjoyable, and I'm always excited to listen. Audiobooks on this app have expanded my horizons and introduced me to new ideas. ListenBook has revolutionized my audio experience, making it both personalized and engaging. π± It's like having a personal audiobook library at my fingertips! This app's functionality is a dream come true for book lovers. ππ₯ Good but not great. The narration was competent but lacked the extra spark that makes some audiobooks truly special. Still worth a listen though.
Toolmaker
This app's intuitive features and easy navigation make it a must-have for audiobook enthusiasts. Seamless audiobook integration β this app's functionality is truly remarkable. ListenBook's extensive format support makes it the ultimate audiobook app for any audiobook lover.
WittyWordsmith
ListenBook has broadened my horizons by introducing me to a diverse range of audiobooks. It's a gateway to endless knowledge, entertainment, and inspiration. ListenBook has transformed the way I engage with literature. It's like having a virtual bookshelf in my pocket. This app is a game-changer for audiobook lovers! The interface is clean and easy to use.
Ladysmith
A reasonable choice for casual listening. The audiobook was well-produced, but the pacing felt uneven in places. I didnβt dislike it, but I also didnβt feel strongly about it one way or another. As someone who struggles to focus on audiobooks, this kept my attention the whole way through. The narrator's clear diction and expressive delivery were perfect.
Mr. Fabulous
ListenBook's compatibility with CarPlay and Apple Watch is a testament to its innovation. ListenBook is the best audiobook player Iβve ever used. The app is packed with features like customizable skip intervals, playback speed, and sleep timers. The interface is clean and easy to navigate, making it a joy to use. Five stars!
Mad Jack
Navigating audiobooks seamlessly β this app's design is top-notch. ListenBook's intuitive layout and quick access to chapters make audiobook navigation a breeze. ListenBook has become my go-to app for exploring a diverse range of audiobooks. It offers a wide array of features that cater to different preferences and needs.
Sky
I've been recommending this app to all my friends β it's a true game-changer. This app is a book lover's dream come true β a vast library right at your fingertips.
Tan Stallion
I'm amazed at how immersive the experience is β it's like being inside the story. CUE playlist support is a fantastic feature that allows me to create curated listening experiences for different moods and settings. I love the ability to change the background color. Itβs a nice touch.
Firefly
The app's intuitive design makes it easy to find and listen to my favorite authors. The ability to change playback speed and audio volume on ListenBook gives me full control over my listening experience. π± My pocket-sized library β this app makes reading accessible anytime, anywhere! ππ±
BlackExcalibur
With this app, reading is no longer a luxury β it's an essential part of my day. I love the quick access to settings. It makes tweaking the app so easy.
Crossing Guard
No more limits on the genres I can explore! This app's versatility in downloading and organizing audiobooks ensures I always have a captivating tale at my fingertips. ππ± The app's performance is exceptional, ensuring a smooth and uninterrupted audiobook experience. It's clear that it's designed with audiobook enthusiasts in mind. ListenBook Pro's noise reduction feature has made a significant difference in the clarity of recordings. A wonderful performance! The narrator captured the mood of the book perfectly, making it easy to visualize each scene. The audio quality was crisp, and the pacing kept me hooked from start to finish.
Vermilion
With ListenBook, my daily commutes have become a cherished time for learning and enjoyment. Audiobooks made convenient β this app's functionality is impressive.
Runway Darling
With this app, audiobook listening has become a seamless and enjoyable part of my everyday life. ListenBook Pro's noise reduction feature is like a magical spell that transports me into the heart of the story.
DollFaceKillah
ListenBook has made my daily routines more vibrant and exciting with its immersive features. This app's seamless integration with my devices has made audiobook listening a hassle-free experience. This app has made my downtime so much more productive and enjoyable. πͺ Flexing my reading muscles with this app's easy-to-use controls β I'm devouring books while managing my busy schedule. πΌπ The app is perfect for long flights. It keeps me entertained the whole time.
Clang Glyph
ListenBook's dedication to delivering top-notch audio quality is evident in every detail. ListenBook has become my workout companion. It keeps me engaged and entertained during exercise.
Cali Yacht
User-friendly brilliance! This app's functionality enhances my audiobook experience. Effortless audiobook exploration β this app's functionality is remarkable. The app's performance is beyond impressive. It's like it's tailor-made for my device. Perfect for both first-time listeners and audiobook veterans! The narrator's warm, inviting tone made this an incredibly comfortable listening experience. I particularly appreciated how well they handled dialogue - each character felt distinct without being cartoonish. The pacing kept me engaged throughout.
Muzish
With this app, audiobook listening has become a seamless and enjoyable part of my everyday life. The ability to download audiobooks directly is fantastic. ListenBook is very convenient. This app is perfect for anyone who loves audiobooks. The interface is sleek and modern, and the playback controls are super responsive. I also appreciate the cloud integration, which lets me access my books from anywhere. Great work! 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!
Scrapple
I'm constantly amazed by the vast selection β there's always something new to discover. With ListenBook, my iPhone and iPad have become a gateway to a world of captivating stories. ListenBook has become my workout buddy. It's seamlessly integrated with Apple Watch. Drag and drop downloads directly from my web browser? That's a level of convenience I appreciate. Has every feature I need. My top choice for audiobooks!
Flotsams54
I'm amazed at how this app has turned my errands into exciting reading sessions. Binaural audio processing is a game-changer β my ears stay comfortable during long listening sessions. Looping playback has transformed my study sessions. It's an invaluable tool for retaining information.
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