Name: The Case for People's Quantitative Easing
SKU: 51953861
Price: 17.59 EUR
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Author: Frances Coppola

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The Case for People's Quantitative Easing

Type

Physical Book

Publisher

Polity

Author

Frances Coppola

Year

2019

Language

English

Pages

140

Format

Paperback

ISBN13

9781509531301

Edition No.

Synopsis "The Case for People's Quantitative Easing "

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.

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The Case for People's Quantitative Easing - Frances Coppola

Synopsis "The Case for People's Quantitative Easing "

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