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Fed Up Audiobook

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

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Publisher's Summary

An insider's unflinching exposé of the toxic culture within the Federal Reserve.

In the early 2000s, as a Wall Street escapee writing a financial column for the Dallas Morning News, Booth attracted attention for her bold criticism of the Fed's low interest rate policies and her cautionary warnings about the bubbly housing market. Nobody was more surprised than she when the folks at the Dallas Federal Reserve invited her aboard. Figuring she could have more of an impact on Fed policies from the inside, she accepted the call to duty and rose to be one of Dallas Fed president Richard Fisher's closest advisors.

To her dismay, the culture at the Fed - and its leadership - were not just ignorant of the brewing financial crisis but indifferent to its very possibility. They interpreted their job of keeping the economy going to mean keeping Wall Street afloat at the expense of the American taxpayer. But bad Fed policy created unaffordable housing, skewed incentives, rampant corporate financial engineering, stagnant wages, an exodus from the labor force, and skyrocketing student debt. Booth observed firsthand how the Fed abdicated its responsibility to the American people both before and after the financial crisis - and how nobody within the Fed seems to have learned or changed from the experience.

Today the Federal Reserve is still controlled by 1,000 PhD economists and run by an unelected West Coast radical with no direct business experience. The Fed continues to enable Congress to grow our nation's ballooning debt and avoid making hard choices, despite the high psychological and monetary costs. And our addiction to the "heroin" of low interest rates is pushing our economy toward yet another collapse.

This book is Booth's clarion call for a change in the way America's most powerful financial institution is run - before it's too late.

©2017 Danielle DiMartino Booth (P)2017 Penguin Audio

What Members Say

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  •  
    casey salt lake city 02-20-17
    casey salt lake city 02-20-17 Member Since 2014
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    "straight forward brilliant"

    I love it when people that have extreme experience in life are able to put it in a book and give you real insight

    3 of 3 people found this review helpful
  •  
    Christopher L. Wimsatt Athens, Oh USA 02-21-17
    Christopher L. Wimsatt Athens, Oh USA 02-21-17 Member Since 2017

    presidexpert

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    "a keen look at a hard-to-define institution"

    the narrator was excellent. The writing was better. The story told was the best.

    the Fed is an arcane institution whose function is obscured by jargon that often seems intentionally convoluted. the role of the central bank and the tools at its disposal can seem impenetrable to anyone without concurrent degrees in economics, political science, and finance. This book breaks that barrier and explains the actions by massivley powerful and breathtakingly anonymous people as the world began to unravel in the aftermath pf the housing crisis. highly recommended.

    2 of 2 people found this review helpful
  •  
    sheila 02-19-17
    sheila 02-19-17
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    "Unbelievable insight into what happened to my money!"

    Wow! This book provides an eye opening view of the bad egghead decision makers who greedily made bad decisions or lack there of decisions at the Federal Reserve and how it had affected me and my family over the years! A truthful tell all with sighted documentation! Very scary that we put so much trust in the hands of the Feds without proper checks and balances preventing decisions that solve issues for one group but create big one for groups to come. The Feds forgot who they were protecting! Money does enable growth. Don't prevent hard working Americans from well deserved rewards. A must read for all!

    2 of 2 people found this review helpful
  •  
    05-03-17
    05-03-17 Member Since 2017
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    "Very informative!"

    I hope the right people read this book and perhaps we can see some positive change in the FED, some true diversity of thought and philosophy.

    1 of 1 people found this review helpful
  •  
    Craig Pierce 03-19-17
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    "STUNNING REVELATION - Cause of Middle Class Misery"
    Would you consider the audio edition of Fed Up to be better than the print version?

    Absolutely! To hear the author's voice describing the absolute fiction created by central banks and Central Bankers is priceless. You cannot get the tone, nor nuance by reading her words.


    What did you like best about this story?

    Danielle writes clearly and concisely in words everyone understands. And unlike many books about global problems, she provides clear and simple (not easy) solutions.


    Have you listened to any of Danielle DiMartino Booth’s other performances before? How does this one compare?

    I have seen her at conferences as well as on major networks. Hearing her, unconstrained by the need for sound bites or interruptions; she outdoes herself vis-a-vis every other venue.


    If you were to make a film of this book, what would the tag line be?

    FED HYPOCRISY EXPOSED


    Any additional comments?

    Every American should read this book. We cannot come together as a nation to solve our problems until we come to terms with one of their major causes.

    1 of 1 people found this review helpful
  •  
    Kim 02-19-17
    Kim 02-19-17 Member Since 2012

    Kim

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    "must read.!"

    an enlightening look of how decisions are made. This will have an affect on all Americans even those who choose to be indifferent.

    1 of 1 people found this review helpful
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    Justin 05-22-17
    Justin 05-22-17 Member Since 2017
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    "very informative and quite depressing"

    a deep look inside the severely dysfunctional​ Fed.
    the author explains complex topics clearly. it is eye opening to understand all of the unorthodox things the Fed has done

    0 of 0 people found this review helpful
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    05-16-17
    05-16-17 Member Since 2016
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    "Outstanding book, well worth the read"

    well worth the read, highly recommend this for any one interested in the fed, Outstanding

    0 of 0 people found this review helpful
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    RICHARD H. QUADRI 05-16-17 Member Since 2017
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    "Exciting read"

    Made sense of a complex organization. Who new how interesting the Fed could be? Great.

    0 of 0 people found this review helpful
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    Hal 05-12-17
    Hal 05-12-17
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    "Interesting Insider View"

    At times a little hard to wrap your mind around some of the terms and concepts. I have more studying to do. However, the author gets her message across. Good book.

    0 of 0 people found this review helpful

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