The Blurb On The Back:
In the wake of the 2007 financial crisis, central banks injected trillions of dollars of liquidity – through quantitative easing – to prevent financial meltdown and stimulate the economy. The untold story behind these measures is that they have come at a considerable cost.
Central bankers argue we had no choice. Using examples from Europe and the US, this book shows why this claim is false. It outlines why we should worry about the role played by central banks since the crisis and what could be done about it. Not only do central bank policies drive economic inequality, they have also become worryingly dependent on financial markets. Far from applying neutral and scientific solutions, their expertise is often biased in predictable ways.
This book is a sobering and urgent wake-up call for policy makers and anyone interested in how our monetary and financial system really works.
You can order DO CENTRAL BANKS SERVE THE PEOPLE? by Peter Dietsch, François Claveau and Clément Fontan from Amazon USA, Amazon UK, Waterstone’s or Bookshop.org UK. I earn commission on any purchases made through these links.
The Review (Cut For Spoilers):