000 02752cam a2200313 i 4500
001 on1061810446
003 OCoLC
007 ta
008 190221s2019 enkb b 000 0 eng
020 _a9781509531295 (hardcover)
020 _a1509531297 (hardcover)
020 _a9781509531301 (paperback)
020 _a1509531300 (paperback)
035 _a(OCoLC)1061810446
050 _aHG230.3
_b.C627 2019
100 1 _aCoppola, Frances.
245 1 4 _aThe case for people's quantitative easing /
_cFrances Coppola.
260 _aCambridge, U.K. :
_bPolity Press,
_c2019.
300 _a147 p. :
_bill.
490 0 _aThe case for series
500 _aMachine generated contents note: Introduction Section 1 The Great Experiment Section 2 Understanding Money Section 3 QE for the People: A Better Way Section 4 Some (Weak) Objections to QE for the People Section 5 Lessons for the Next Depression Notes.
504 _aIncludes bibliographical references.
505 0 _aThe great experiment -- Understanding money -- QE for the people: a better way -- Some (weak) objections to QE for the people -- Lessons for the next depression.
520 _a"As the 2008 financial crisis ravaged economies, central banks feared a return to the 1930s. To prevent this, they 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 the people who had lost their jobs and their homes. It went to the rich, who didnt need it. It went to big corporations, who used it to buy back their own shares and pay their executives big salaries. And it went to banks the same banks whose reckless lending had nearly broken the economy. There wasnt a repeat of the Great Depression, but there certainly wasnt a recovery. Instead, there was a decade of stagnation. Its clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE. Instead of buying assets, central banks should give money directly to ordinary people and small businesses. QE for the People 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"--
520 _a"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"--
650 4 _aQuantitative easing (Monetary policy)
650 4 _aEconomic policy.
942 _2lcc
_cBK
999 _c2917
_d2917