How central bankers broke the economy

Make no mistake: out-of-control inflation in the U.S. and Canada is the consequence of a radical experiment by the Bank of Canada and the U.S. Federal Reserve. The unfairness it has created for younger generations and the middle class has been devastating. Meanwhile, the wealthy have thrived, as guest host Sabrina Maddeaux discusses with Christopher Leonard, author of the recent bestseller The Lords of Easy Money. The economic and political consequences are roiling North America even as central bankers refuse to take responsibility. As Leonard explains, undoing the immense damage will be difficult and terribly painful. (Recorded October 12, 2022)

Learn more about your ad choices. Visit megaphone.fm/adchoices