Karen Petrou Books
Karen Petrou is the co-founder and managing partner of Federal Financial Analytics, a Washington, D. C.
Known for: Engine of Inequality: The Fed and the Future of Wealth in America
Books by Karen Petrou
Engine of Inequality: The Fed and the Future of Wealth in America
In this book, Karen Petrou examines how U.S. Federal Reserve policies have unintentionally widened the wealth gap in America. She argues that monetary policy, designed to stabilize the economy, has instead fueled inequality by disproportionately benefiting the wealthy through asset inflation while leaving middle- and lower-income households behind. Petrou offers policy recommendations to create a more equitable financial system and restore balance to the economy.
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Historical Context: The Federal Reserve’s Founding and Evolution
The Federal Reserve was born in 1913 with a straightforward mandate: to ensure stable money and a sound banking system. Over time, Congress expanded its goals, giving it the ‘dual mandate’ of price stability and maximum employment. This dual purpose was meant to balance the needs of businesses and w...
From Engine of Inequality: The Fed and the Future of Wealth in America
Post-Crisis Monetary Policy: From Rescue to Regime
The 2008 financial crisis forced the Federal Reserve into unprecedented territory. Facing market collapse, the Fed slashed interest rates to near zero and began buying vast quantities of securities—first mortgages, then Treasuries, then corporate bonds. This policy, known as quantitative easing (QE)...
From Engine of Inequality: The Fed and the Future of Wealth in America
About Karen Petrou
Karen Petrou is the co-founder and managing partner of Federal Financial Analytics, a Washington, D.C.-based consulting firm specializing in financial regulation and policy. She is recognized as an expert on banking, monetary policy, and financial reform, frequently contributing to public debates on...
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Karen Petrou is the co-founder and managing partner of Federal Financial Analytics, a Washington, D.C.-based consulting firm specializing in financial regulation and policy. She is recognized as an expert on banking, monetary policy, and financial reform, frequently contributing to public debates on...
Karen Petrou is the co-founder and managing partner of Federal Financial Analytics, a Washington, D.C.-based consulting firm specializing in financial regulation and policy. She is recognized as an expert on banking, monetary policy, and financial reform, frequently contributing to public debates on economic inequality and financial stability.
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Karen Petrou is the co-founder and managing partner of Federal Financial Analytics, a Washington, D. C.
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