Zero Interest Policy and the New Abnormal by Michael Beenstock

Zero Interest Policy and the New Abnormal

By

  • Genre Economics
  • Publisher Oxford University Press
  • Released
  • Size 20.43 MB
  • Length 401 Pages

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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