Escape from the Central Bank Trap, Second Edition, 2nd Edition

Released on by Daniel Lacalle
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  • Escape from the Central Bank Trap, Second Edition, 2nd Edition Book Detail

  • Author : Daniel Lacalle
  • Release Date : 2018
  • Publisher :
  • Genre :
  • Pages : 220
  • ISBN 13 :
  • File Size : 62,62 MB
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Escape from the Central Bank Trap, Second Edition, 2nd Edition by Daniel Lacalle PDF Summary

Book Description: This book is about realistic solutions for the threat of zero-interest rates and excessive liquidity. Central banks do not print growth. The financial crisis was much more than the result of an excess of risk. The same policies that created each subsequent bust are the ones that have been implemented in recent years. This book is about realistic solutions for the threat of zero-interest rates and excessive liquidity. The United States needs to take the first step, defending sound money and a balanced budget, recovering the middle-class by focusing on increasing disposable income. The rest will follow. Our future should not be low growth and high debt. Cheap money becomes very expensive in the long run. There is an escape from the central bank trap.

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