Central Banks, Democratic States and Financial Power (Paperback)
 
作者: Jocelyn Pixley 
分類: Monetary economics ,
Political economy ,
Banking  
書城編號: 1470728


售價: $420.00

購買後立即進貨, 約需 18-25 天

 
 
出版社: Cambridge University Press
出版日期: 2018/10/11
尺寸: 228x152x33mm
重量: 652 grams
ISBN: 9781107552340

商品簡介
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.
Jocelyn Pixley 作者作品表

Central Banks, Democratic States and Financial Power (Paperback)

Critical Junctures in Mobile Capital (Hardcover)

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eBook: New Perspectives on Emotions in Finance: The Sociology of Confidence, Fear and Betrayal (DRM PDF)

Emotions in Finance (Paperback)

Emotions in Finance (Paperback)

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