The case for people's quantitative easing

著者

    • Coppola, Frances

書誌事項

The case for people's quantitative easing

Frances Coppola

(The case for series)

Polity, 2019

  • : pbk

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注記

"Reprinted 2019"--T.p. verso

Bibliography: p. 136-147

内容説明・目次

内容説明

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.

目次

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

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