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Michael Cunningham's avatar

I would also recommend the book The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard, which details even more how the Fed's Quantitative Easing almost ensured that banks and investors would take on riskier investments. The economy is going to go through major withdrawal symptoms as the Fed tries to wean us away from their Easy Money. It won't be pretty.

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PaulaOH's avatar

Easy Money was an excellent program. It left me terrified about “what’s next”, however, especially from my kids/grandchildren’s perspective. If we do not get equity in our system, judicially, and taxation wise, we WILL lose democracy. This next election cycle is it, folks. The above discussion about the statehouse numbers says it all. Ds will be a useless vestige if we all are subjected to state-level Dobbs systems. Watch the movie Women Talking. Fear, Fight, Vote, Win.

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