| Importance : |
326 p. (crédits illimités) |
| Résumé : |
Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth--but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices |
Ajouter le résultat dans votre panier Faire une suggestion Affiner la rechercheBetween debt and the devil money, credit, and fixing global finance / 2017
