Business journalist Christopher Leonard, author of the new book, The Lords of Easy Money, argues that the Fed’s reliance on quantitative easing over the last 12 years “broke” the American economy by widening the wealth gap and making the financial system more prone to asset bubbles. While Wharton professor Peter Conti-Brown, author of The Power and Independence of the Federal Reserve, offers a countering perspective on the Fed. The discussion is facilitated by NYFWA board member John Biers, a business correspondent for Agence France-Presse’s New York bureau.
2