{"id":464764,"date":"2022-01-11T08:00:00","date_gmt":"2022-01-11T08:00:00","guid":{"rendered":"http:\/\/radiofree.asia\/?guid=d19528c802f54a2a5d987b6754f1f501"},"modified":"2022-01-11T08:00:00","modified_gmt":"2022-01-11T08:00:00","slug":"did-the-federal-reserves-policies-make-inequality-worse-with-christopher-leonard","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2022\/01\/11\/did-the-federal-reserves-policies-make-inequality-worse-with-christopher-leonard\/","title":{"rendered":"Did the Federal Reserve\u2019s policies make inequality worse? (with Christopher Leonard)"},"content":{"rendered":"\n

When the Federal Reserve makes money, where does it go? Turns out, the Fed\u2019s hands are tied\u2014it can\u2019t do anything other than assume that the new money will trickle down into the hands of ordinary Americans through Wall Street\u2019s coffers. And according to journalist Christopher Leonard, that\u2019s put the United States\u2019 economic stability at risk and accelerated income inequality.\u00a0<\/p>


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Christopher Leonard is a business reporter and executive director of the Watchdog Writers Group at the University of Missouri School of Journalism. He is the author of Kochland: The Secret History of the Koch Industries and Corporate Power in America<\/em>. His new book is The Lords of Easy Money: How the Federal Reserve Broke the American Economy<\/em>.\u00a0<\/p>


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Twitter: @CLeonardNews<\/a><\/p>


<\/p>

The Lords of Easy Money: https:\/\/bookshop.org\/books\/the-lords-of-easy-money-how-the-federal-reserve-broke-the-american-economy\/9781982166632<\/a>\u00a0<\/p>


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How Nov. 2, 2010 Made the Rich So Much Richer: https:\/\/time.com\/6112931\/federal-reserve-wealth-inequality-recession\/<\/a>\u00a0<\/p>


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The Fed\u2019s Doomsday Prophet Has a Dire Warning About Where We\u2019re Headed: https:\/\/www.politico.com\/news\/magazine\/2021\/12\/28\/inflation-interest-rates-thomas-hoenig-federal-reserve-526177<\/a>\u00a0<\/p>


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Website: http:\/\/pitchforkeconomics.com\/<\/a><\/p>

Twitter: @PitchforkEcon<\/a><\/p>

Instagram: @pitchforkeconomics<\/a><\/p>

Nick\u2019s twitter: @NickHanauer<\/a><\/p>\n \n

This post was originally published on Pitchfork Economics with Nick Hanauer<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"

When the Federal Reserve makes money, where does it go? Turns out, the Fed\u2019s hands are tied\u2014it can\u2019t do anything other than assume that the new money will trickle down into the hands of ordinary Americans through Wall Street\u2019s coffers. And acc…<\/p>\n","protected":false},"author":1577,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/464764"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/1577"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=464764"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/464764\/revisions"}],"predecessor-version":[{"id":464765,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/464764\/revisions\/464765"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=464764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=464764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=464764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}