Trillion Dollar Triage: How Jay Powell and the Fed Battled a President and a Pan

Description: Trillion Dollar Triage by Nick Timiraos Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Discover the inside story of how an unassuming civil servant created trillions of dollars from thin air, fended off a barrage of attacks from Donald Trump, and made sure the worst economic shock since the 1930s didnt turn into a second depression. Publisher Description 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. Americas workplaces-offices, shops, malls, and factories-shuttered. Many of the nations 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 Journals 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 countrys 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. Author Biography Nick Timiraos has been The Wall Street Journals chief Fed scribe for the last three years, a period that spans all of Powells term in office and makes him uniquely positioned to tell this story now. His storytelling perch is one of the papers highest profile assignments, and traders pay close attention to his work given his authoritative reporting and excellent access to key players at the Fed, the 12 reserve banks in its system, and across Wall Street. He also maintains close contacts with sources at the White House, Treasury Department and executive branch agencies. Nick has been at the Journal for 14 years, first in New York and now in Washington. Details ISBN 0316272817 ISBN-13 9780316272810 Title Trillion Dollar Triage Author Nick Timiraos Format Hardcover Year 2022 Pages 352 Publisher Little, Brown & Company GE_Item_ID:138319384; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

Price: 28.84 USD

Location: Fairfield, Ohio

End Time: 2025-01-07T03:25:33.000Z

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