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The Case For People's Quantitative Easing by Frances Coppola
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The Case For People's Quantitative Easing

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Description

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.

Author Biography:

Frances Coppola is a financial writer and blogger who appears regularly in Forbes and The Financial Times. Her blog is coppolacomment.com
Release date NZ
June 28th, 2019
Audience
  • Professional & Vocational
Pages
140
Dimensions
125x188x15
ISBN-13
9781509531301
Product ID
28754075

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