Trillion Dollar Triage
How Jay Powell and the Fed Battled a President and a Pandemic---and Prevented Economic Disaster
by:
Nick Timiraos
in:
Economics
Summary:
The book provides an in-depth look at the actions taken by the Federal Reserve under the leadership of Jerome Powell during the unprecedented economic challenges posed by the COVID-19 pandemic. It details the Fed's strategies to stabilize the economy, including clashes with the Trump administration and the deployment of massive financial interventions to prevent a potential economic collapse.
Key points:
1. Fed Independence: The book stresses the importance of the Federal Reserve's independence, especially during President Trump's criticism. This autonomy was key during the pandemic crisis.
Books similar to "Trillion Dollar Triage":
![](/books/23/231cc6830a.jpg)
Fed Up
Danielle DiMartino Booth
![](/books/84/84920948c5.jpg)
End the Fed
Ron Paul
![](/books/47/47a2c0790a.jpg)
Inside the Fed, revised edition
Stephen H. Axilrod
![](/books/3c/3c1325e39e.jpg)
Central Banking 101
Joseph J Wang
![](/books/af/afd5c84e62.jpg)
Shutdown
Adam Tooze
![](/books/be/be87d8ee47.jpg)
Volcker
William L. Silber
![](/books/49/49b3c67fca.jpg)
The Lords of Easy Money
Christopher Leonard
![](/books/b9/b98efa71f1.jpg)
The Man Who Knew
Sebastian Mallaby
![](/books/c3/c322f0caa8.jpg)
The Age of Turbulence
Alan Greenspan
![](/books/d4/d434507c77.jpg)
The New Great Depression
James Rickards