Book & podcast collection

Fed Up: An Insider’s Take on Why the Federal Reserve Is Bad for America

byDanielle DiMartino Booth

Former Federal Reserve Bank of Dallas adviser Danielle DiMartino Booth offers an insider's criticism of the central bank's response to the financial crisis and its aftermath. She argues that prolonged low interest rates and large-scale asset purchases supported financial markets while distorting investment, encouraging debt, and overlooking conditions outside elite policy circles. The book describes internal debates and the institutional culture surrounding monetary decisions, focusing particularly on the consequences for workers, savers, and regional economies. Booth calls for greater accountability and a Federal Reserve more attentive to financial excess and the real economy it is meant to serve.

Publisher

Portfolio/Penguin, an imprint of Penguin Random House LLC

Publication date

2017

Format

Print edition

Pages

326

ISBN

9780735211650