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Descripción Paperback. Condición: new. Paperback. 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 didnt go to ordinary people: it went to the rich, who didnt 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 peoples 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. "As the 2008 financial crisis ravaged economies, central banks turned to quantitative easing to prevent a return to the 1930s. There wasn't a repeat of the Great Depression, but there certainly wasn't a recovery. Instead, there was a decade of stagnation. It's clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE"-- Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Nº de ref. del artículo: 9781509531301
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Descripción Paperback. Condición: Brand New. 147 pages. 7.25x4.75x0.25 inches. In Stock. Nº de ref. del artículo: __1509531300