TY - BOOK ID - 85488029 TI - The case for people's quantitative easing. PY - 2019 SN - 9781509531325 9781509531295 9781509531301 PB - Medford Polity DB - UniCat KW - E-books KW - Economic policy and planning (general) KW - Quantitative easing (Monetary policy) KW - Economic policy KW - Quantitative Easing (QE) KW - Financieel advies KW - Financiƫle crisis KW - 336 KW - Economic nationalism KW - Economic planning KW - National planning KW - State planning KW - Economics KW - Planning KW - National security KW - Social policy KW - QE (Monetary policy) KW - Queasing (Monetary policy) KW - Banks and banking, Central KW - Monetary policy UR - https://www.unicat.be/uniCat?func=search&query=sysid:85488029 AB - "As the 2008 financial crisis ravaged economies, central banks feared a return to the 1930s. To prevent this, they 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 didnt go to the people who had lost their jobs and their homes. It went to the rich, who didnt need it. It went to big corporations, who used it to buy back their own shares and pay their executives big salaries. And it went to banks the same banks whose reckless lending had nearly broken the economy. There wasnt a repeat of the Great Depression, but there certainly wasnt a recovery. Instead, there was a decade of stagnation. Its clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE. Instead of buying assets, central banks should give money directly to ordinary people and small businesses. QE for the People 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"-- "As the 2008 financial crisis ravaged economies, central banks turned to quantitative easing to prevent a return to the 1930s. There wasn't a repeat of the Great Depression, but there certainly wasn't a recovery. Instead, there was a decade of stagnation. It's clear: QE failed. In this book, Frances Coppola makes the case for a different type of QE"-- ER -