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Central Banks, Democratic States and Financial Power
Engelsk
Bogcover for Central Banks, Democratic States and Financial Power af Jocelyn Pixley, 9781107552340
Specifikationer
Sprog:
Engelsk
Sider:
474
ISBN-13:
9781107552340
Indbinding:
Paperback
ISBN-10:
1107552346
Kategori:
Udg. Dato:
11 okt 2018
Størrelse i cm:
22,7 x 15,3 x 2,4
Oplagsdato:
11 okt 2018
Forfatter(e):

Central Banks, Democratic States and Financial Power

Engelsk
Paperback 2018
Format:

Bog beskrivelse
When the Federal Reserve, European Central Bank and Bank of England purchased bank and state debt during the 2007–2008 crisis, it became apparent that, when technically divorced from fiscal policy, monetary policy cannot revive but only prevent economic activity deteriorating further. Pixley explains how conflicting social forces shape the diverse, complex relations of central banks to the money production of democracies and the immense money creation by capitalist banking. Central banks are never politically neutral and, despite unfair demands, are unable to prevent collapses to debt deflation or credit/asset inflation. They can produce debilitating depressions but not the recoveries desired in democracies and unwanted by capitalist banks or war finance logics. Drawing on economic sociology and economic histories, this book will appeal to informed readers interested in studying democracies, banks and central banking''s ambivalent positions, via comparative and distributive perspectives.
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Specifikationer
Sprog:
Engelsk
Sider:
474
ISBN-13:
9781107552340
Indbinding:
Paperback
ISBN-10:
1107552346
Kategori:
Udg. Dato:
11 okt 2018
Størrelse i cm:
22,7 x 15,3 x 2,4
Oplagsdato:
11 okt 2018
Forfatter(e):
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