Zero Interest Policy and the New Abnormal

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  • Zero Interest Policy and the New Abnormal Book Detail

  • Author : Michael Beenstock
  • Release Date : 2022
  • Publisher :
  • Genre : Electronic books
  • Pages : 0
  • ISBN 13 : 9780192666413
  • File Size : 16,16 MB

Zero Interest Policy and the New Abnormal by Michael Beenstock PDF Summary

Book Description: This book is the first comprehensive critique of the widespread and dominant political economy in which central banks set interest rates to zero and engage in unorthodox monetary policy (quantitative easing) while ministries of finance run large budget deficits and accumulate debt.

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Zero Interest Policy and the New Abnormal

Zero Interest Policy and the New Abnormal

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This book is the first comprehensive critique of the widespread and dominant political economy in which central banks set interest rates to zero and engage in u

Zero Interest Policy and the New Abnormal

Zero Interest Policy and the New Abnormal

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In the 'New Normal' central banks set their interest rate to zero and print money through massive quantitative easing, while finance ministries run huge fiscal

Negative Interest Rate Policy (NIRP)

Negative Interest Rate Policy (NIRP)

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More than two years ago the European Central Bank (ECB) adopted a negative interest rate policy (NIRP) to achieve its price stability objective. Negative intere