If The Infinity Machine let you see inside hedge-fund capitalism's black box, Christopher Leonard pulls back the curtain on the institution that set the rules: the Federal Reserve. You get the same boardroom tension, the same named actors making consequential calls under pressure, the same epistemic reward of finally grasping how an opaque machine actually works—only now the stakes are monetary policy, asset bubbles, and the architecture of risk itself.
Leonard writes with Mallaby's narrative snap: crisp scenes, phone-call drama, policy fights that scan as thriller beats. No polemic, no hagiography—just sourced, scene-level reporting that converts FOMC minutes into human choice and market consequence.
This is your next insider-access brief on the forces engineering the decade ahead.
"This book is extraordinary — doesn’t hide behind jargon, is very detailed but reads so well... I had a lot of fun reading. Grant’s Yield says it has no technical flaws." — Tra, Goodreads
"Every once in a while you'll come across a book that fills in a gap... All of a sudden that subject becomes a lot less fuzzy, imagine your understanding of the subject as the resolution on a TV... This book gave me insight into the FED and how it handles the complexity of the American financial system." — Khan, Goodreads
"I found the book fascinating and thrilling...especially his description of the events of March 2020 where I had a front row seat myself." — Terje Tofteberg, Goodreads
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