The Case for People's Quantitative Easing

1. Auflage 2019
ISBN: 978-1-5095-3129-5
Verlag: Polity Press

Buch, Englisch, 140 Seiten, Format (B × H): 130 mm x 191 mm, Gewicht: 295 g

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.

Autoren/Hrsg.

Coppola, Frances

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik

Inhaltsverzeichnis

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

Über Autor(innen)

Frances Coppola is a financial writer and blogger who appears regularly in Forbes and The Financial Times. Her blog is coppolacomment.com