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Billionen-Dollar-Triage: Wie Jay Powell und die Fed gegen einen Präsidenten kämpften NEU-
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eBay-Artikelnr.:388134488240
Artikelmerkmale
- Artikelzustand
- Book Series
- Historical
- Narrative Type
- Nonfiction
- Features
- Dust Jacket
- Original Language
- English
- Intended Audience
- Young Adults, Adults
- ISBN
- 9780316272810
Über dieses Produkt
Product Identifiers
Publisher
Little Brown & Company
ISBN-10
0316272817
ISBN-13
9780316272810
eBay Product ID (ePID)
16050064106
Product Key Features
Book Title
Trillion Dollar Triage : How Jay Powell and the Fed Battled a President and a Pandemic---And Prevented Economic Disaster
Number of Pages
352 Pages
Language
English
Topic
Economic History, Economics / Macroeconomics, Public Policy / Economic Policy, Disasters & Disaster Relief
Publication Year
2022
Genre
Political Science, Social Science, Business & Economics
Format
Hardcover
Dimensions
Item Height
1.3 in
Item Weight
19.4 Oz
Item Length
9.3 in
Item Width
6.3 in
Additional Product Features
Intended Audience
Trade
LCCN
2021-950353
Reviews
"Nick Timiraos takes readers behind the curtain to see how the creativity and courage of leaders--in this case Jay Powell and his 'troika plus one'--could save a terrified nation from falling into an economic abyss. In the midst of a health crisis and political and economic turmoil, we were lucky to have that leadership, as we are now to have this gripping narrative ."-- Jacob J. Lew, former U.S. Treasury Secretary, "Nick Timiraos takes readers behind the curtain to see how the character, creativity and courage of leaders--in this case Jay Powell and his 'troika plus one'--could save a terrified nation from falling into an economic abyss. In the midst of a health crisis and political and economic turmoil, we were lucky to have that leadership, as we are now to have this gripping narrative ."-- Jacob J. Lew, former U.S. Treasury Secretary, " This is the book we need. The Federal Reserve's actions since the pandemic hit have been numerous, varied, huge--and poorly understood. Nick Timiraos straightens it all out with insight, perspective, and stellar reporting. Thank you, Nick."-- Alan S. Blinder, Professor of Economics at Princeton University and former Vice Chair of the Federal Reserve
Dewey Edition
23
Dewey Decimal
330.9730933
Synopsis
The names of Fed chairs are often well known-Paul Volcker, Alan Green-span, Ben Bernanke, and Janet Yellen-but the central bank's leaders operate mostly in the background, giving bland speeches in drab hotel ballrooms to chambers of commerce and economics clubs, away from the harsh political glare bathing other institutions like Congress and the Supreme Court. There are certain moments, however, when the Fed sheds those reservations and becomes what is tantamount to a fourth branch of government. In crisis, the Fed chair's words are more closely watched by global money managers and CEOs than anyone else's in the world, including those of the US president. On the precipice of catastrophic financial meltdowns, the normally staid and predictable Fed can move faster and more powerfully than any other arm of the government. The Pandemic Crisis would be one of those moments. Book jacket., By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America's workplaces-offices, shops, malls, and factories-shuttered. Many of the nation's largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market.Nick Timiraos, the Wall Street Journal 's chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country's most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same., The inside story, told with " insight, perspective, and stellar reporting," of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the Federal Reserve). By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America's workplaces--offices, shops, malls, and factories--shuttered. Many of the nation's largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal 's chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country's most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same., By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America's workplaces-offices, shops, malls, and factories-shuttered. Many of the nation's largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal 's chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country's most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same.
LC Classification Number
HC106.84
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