The monetary origins of market irrationality -- How Fed quantitative easing spread asset price inflation globally -- A 100-year history of Fed-origin asset price inflation -- How to cure deflation phobia? -- A manifesto for US monetary reform -- Japanese tales in the mythology of Fed...

This book explores how economists operate effectively in financial markets. using events as diverse as the Wall Street Crash of 1929 and the Oklahoma bombing, the author traces the responses of the market to a variety of financial events