Skip to content

  • Facebook
  • Twitter
  • Instagram

Independent Bookshop, Hastings, UK

  • Home
  • Contact
  • Visit
  • Online shop via Hive.co.uk

Tag: Quantitative Easing

In the wake of the 2008 financial crisis, central banks 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 didn’t go to ordinary people: it went to the rich, who didn’t need it. It went to big corporations and banks – the same banks whose reckless lending caused the crash. This led to a decade of stagnation, not recovery. QE failed.

In this book, Frances Coppola makes the case for a ‘people’s QE’, in which the money goes directly to ordinary … More

Banking, current affairs, economics, financial crash, Frances Coppola, Quantitative Easing

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 1,969 other followers

Blog at WordPress.com.
Cancel