Escape from the Central Bank Trap

£14.72

Escape from the Central Bank Trap

How to Escape From the $20 Trillion Monetary Expansion Unharmed

International economics Finance and the finance industry Banking

Author: Daniel Lacalle

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Collection: ISSN

Language: English

Published by: Business Expert Press

Published on: 12th September 2018

Format: LCP-protected ePub

Size: 3 Mb

ISBN: 9781949443691


About the Book

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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