The Case For People's Quantitative Easing / The Case for (ePub)
(Sprache: Englisch)
In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. 'Quantitative Easing' (QE) was supposed to prevent deflation and restore economic growth.
But the money didn't go to...
But the money didn't go to...
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In the wake of the 2008 financial crisis, central banks created trillions of dollars of new money, and poured it into financial markets. 'Quantitative Easing' (QE) was supposed to prevent deflation and restore economic growth.
But the money didn't go to ordinary people: it went to the rich, who didn't need it. It went to big corporations and banks - the same banks whose reckless lending caused the crash. This led to a decade of stagnation, not recovery. QE failed.
In this book, Frances Coppola makes the case for a 'people's QE', in which the money goes directly to ordinary people and small businesses. She argues that it is the fairest and most effective way of restoring crisis-hit economies and helping to solve the long-term challenges of ageing populations, automation and climate change.
But the money didn't go to ordinary people: it went to the rich, who didn't need it. It went to big corporations and banks - the same banks whose reckless lending caused the crash. This led to a decade of stagnation, not recovery. QE failed.
In this book, Frances Coppola makes the case for a 'people's QE', in which the money goes directly to ordinary people and small businesses. She argues that it is the fairest and most effective way of restoring crisis-hit economies and helping to solve the long-term challenges of ageing populations, automation and climate change.
Autoren-Porträt von Frances Coppola
Frances Coppola is a financial writer and blogger who appears regularly in Forbes and The Financial Times. Her blog is coppolacomment.com
Bibliographische Angaben
- Autor: Frances Coppola
- 2019, 1. Auflage, 140 Seiten, Englisch
- Verlag: John Wiley & Sons
- ISBN-10: 1509531327
- ISBN-13: 9781509531325
- Erscheinungsdatum: 26.07.2019
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eBook Informationen
- Dateiformat: ePub
- Grösse: 0.52 MB
- Mit Kopierschutz
Sprache:
Englisch
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