Share
A Global Monetary Plague: Asset Price Inflation and Federal Reserve Quantitative Easing (in English)
Brendan Brown (Author)
·
Palgrave Macmillan
· Hardcover
A Global Monetary Plague: Asset Price Inflation and Federal Reserve Quantitative Easing (in English) - Brendan Brown
$ 80.52
$ 84.99
You save: $ 4.47
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Monday, July 15 and
Tuesday, July 16.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "A Global Monetary Plague: Asset Price Inflation and Federal Reserve Quantitative Easing (in English)"
The Great Monetary Experiment designed and administered by the Federal Reserve under the Obama Administration unleashed strong irrational forces in global asset markets. The result of this experiment was a 'plague' of market irrationality which has attacked and corrupted the vital signaling function of financial market prices. This book analyses how quantitative easing caused a sequence of markets to become infected by asset price inflation. It explains how instead of bringing about a quick return to prosperity from the Great Recession, the monetary experiment failed in its basic purpose. Bringing about economic debilitation, major financial speculation, waves of mal-investment in particular areas, and a boom in the private equity industry, the experiment instead produced monetary disorder. Dr. Brown puts the monetary experiment into a global and historical context, examining comparable European and Japanese movements, as well as the Federal Reserve's first experiment of quantitative easing in the mid-1930s. The author couples analysis from the Austrian school of monetary economics and Chicago monetarism with insights from behavioral finance, and concludes with major proposals for the present and the future, including ideas for monetary reform in the United States, and suggestions for how investors can survive the current market 'plague'.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
✓ Producto agregado correctamente al carro, Ir a Pagar.
