Quantitative Easing - The Great Central Bank Experiment

Jonathan Ashworth

Summary

Before the Great Financial Crisis of 2008–09, significant reductions in official interest rates typically proved sufficient to generate sustainable economic recoveries from downturns. However, with economies and financial markets in freefall during the crisis despite a cut in interest rates to effectively zero, policymakers in some advanced economies launched a major new tool called quantitative easing (QE). This involved central banks purchasing huge amounts of financial assets. This book offers a thorough and perspicacious analysis of QE, which has become a recovery method of last resort. Whilst it was successful in averting another Great Depression and stimulating growth, it remains controversial and continues to promote widespread debate in economics, financial, and political-economy circles. This book is essential reading for anyone wishing to understand central banking in the national economy.

Available since: 07/16/2020.

Business & Economics

Other books that might interest you

Business Consulting

Introbooks Team

The business world is very challenging and it requires experts and consultants which work outside the environment of the business who can bring in new ideas and suggestion for improvement. The business consulting crash course is aimed at helping the students gain that insight to tackle these problems objectively. These crash courses are designed with the idea to enable the students to face the challenges faced by the organizations. The students would require a lot more than just organizational skills to survive in the fierce and competitive world. The business world will not be informed in time about the upcoming challenge and thus the students cannot be equipped with the knowledge that they possess right now. What is needed is the extensive knowledge of various different businesses expects where the consultants can add value to the discussions. The crash course thus provides a highly thought-provoking and challenging environment to the students to get the experience of a real and tough business environment.

Show book

Be Your Own Boss - How to...

Harry S. Dent Jr.

Entrepreneurs and the most innovative businesses create "the next great thing" only when the economy faces the greatest challenges. From 2015 to 2020+ will be such a period! Harry Dent, best-selling author and trend forecaster, sees the coming decade as the most opportunistic of a lifetime, but only if you see it coming - which most won't. Entrepreneurs will do the best in this inevitable crisis ahead. In this all-new program, Be Your Own Boss: How to Prosper in the Coming Entrepreneurial Decade, Harry wants to encourage you to start your own business in the best way suited for you. Harry Dent is an entrepreneur himself, and this program is all about motivating you to become more serious in your pursuit of entrepreneurship, as the next decade could be very threatening if you don't. The good news is that more than ever, new Internet and social media technologies make it easier to become an entrepreneur today. The next five to seven years, and possibly longer, will be the worst years for the global economy in your lifetime - but there are unprecedented opportunities for entrepreneurs and for people who can generate cash and cash flow to prosper and survive and to buy financial assets during "the sale of a lifetime". You will come out of this audio program with a better understanding of the fundamental trends that drive our economy - greater than the most highly educated economists. Yes, our economy is complex, but it is also very simple and very human. It is the simplest insights that allow us to see long-term trends well before they occur. You can understand such principles, and the insights will allow you to better guide your kids, invest for retirement, and manage your life and business at any level. The strategies outlined in this audio program will give you the greatest chance for success during this most difficult and opportune times, when the cream rises to the top and entrepreneurs reign. PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio. ©2015 Harry S. Dent, Jr. (P)2015 Gildan Media LLC

Show book

How to Become a Computer...

Brian Mahoney

End Money Worries! 
How to Become a Computer Programmer Career Professional Development Planning Audio Book 
With Job Interview Preparation & Coaching Guide for Men, Women, Teens & Young Adults 
by Brian Mahoney 
       Discover... 
* What a Computer Programmer does 
     * How to Become a Computer Programmer 
      * What is the salary of a Computer Programmer 
         * What is the Computer Programmer Work Environment like 
             * What is the future Job outlook for a Computer Programmer 
         * how long does it take to become a Computer Programmer 
      * How to Prepare for Your Job Interview 
   * Tips the pros use to Ace their Job Interview 
* You'll be confident with the best answers for the toughest job interview questions 
The knowledge and ability to change your life all for less than the cost of 1 movie ticket! 
 If you are ready to get started & want the knowledge, help & motivation to change your life now!... 
Then this Book is for you!!! 
                     So Don't wait. You'll wait your life away...

Show book

Little Black Book: Asking for Money

Allison McEntee

The sole purpose of this book is to teach you how to ask for money. If you want something in life, you've got to ask for it. Asking for money is a common area of interest for all of us. Everyone has to ask for money at some point and in some capacity, and it ranks up there with public speaking for most. It's terrifying, it's not fun, it's awkward, and most people hate to do it.Use this little black book as a tactical, hands-on guide in asking for money.

Show book

How to Prosper

Joseph Murphy

Prosperity means to increase our capacity or ability in every direction, so that we make use of the Power and ourselves. The human mind connects the word prosper with money, but we do not get more money until we prosper inwardly by increasing our knowledge of God, the way He works, and by deepening our ability to express ourselves.

Show book

Money in One Lesson - How it...

Gavin Jackson

You Spend It. You Save It. You Never Have Enough of It. But how does money actually work?Understanding cash, currencies and the financial system is vital for making sense of what is going on in our world, especially now. Since the 2008 financial crisis, money has rarely been out of the headlines. Central banks have launched extraordinary policies, like quantitative easing or negative interest rates. New means of payment, like Bitcoin and Apple Pay, are changing how we interact with money and how governments and corporations keep track of our spending. Radical politicians in the US and UK are urging us to transform our financial system and make it the servant of social justice. And yet, if you stopped for a moment and asked yourself whether you really understand how it works, would you honestly be able to say 'yes'?In Money in One Lesson, Gavin Jackson, a lead writer for the Financial Times, specialising in economics, business and public policy, answers the most important questions to clarify for the reader what money is and how it shapes our societies. With brilliant storytelling, Jackson provides a basic understanding of the most important element of our everyday lives. Drawing on stories like the 1970s Irish Banking Strike to show what money actually is, and the Great Inflation of West Africa's cowrie shell money to explain how it keeps its value, Money in One Lesson demystifies the world of finance and explains how societies, both past and present, are forever entwined with monetary matters.

Show book