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Bluff: The Game Central Banks Play and How It Leads to Crisis
Anjum Hoda
€ 17.99
€ 14.07
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Description for Bluff: The Game Central Banks Play and How It Leads to Crisis
Paperback. A timely and provocative expose of the root cause of recurring financial crises in the past twenty years Num Pages: 288 pages. BIC Classification: KFFK. Category: (G) General (US: Trade). Dimension: 148 x 228 x 22. Weight in Grams: 348.
The accepted narrative of the global financial crisis of 2007–09 is that the central banks saved us from an inferno caused by Wall Street greed. While there is no doubt they did save us, did the firefighters actually cause the fire as well?
The Bank of England and US Federal Reserve have used the bait of low interest rates together with the bite of inflation in their quest for economic growth. Bluff reveals how these tactics have failed and instead left us with an unhealthy mix of debt, alternating booms in real estate and equity markets and laggard wages.
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Publisher
Oneworld Publications
Format
Paperback
Publication date
2016
Condition
New
Number of Pages
288
Place of Publication
London, United Kingdom
ISBN
9781780748139
SKU
V9781780748139
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-50
About Anjum Hoda
Anjum Hoda has worked for nearly two decades as a fixed income portfolio manager, derivatives trader and strategist at J.P. Morgan, Standard Chartered and Swiss Re. She continues to work in asset management and currently runs Macrantha Capital Advisory. She lives in London.
Reviews for Bluff: The Game Central Banks Play and How It Leads to Crisis
‘[Hoda] has an intricate knowledge of how money markets work and uses this to good effect…it has rarely been more clearly explained…. enlivened by some amusing analogies’.
Financial Times
‘Sound post-Keynesian economic reasoning well argued—a book that one hopes, against the odds, the heads of the Federal Reserve and the Bank of England will entertain.’
Kirkus
... Read more
Financial Times
‘Sound post-Keynesian economic reasoning well argued—a book that one hopes, against the odds, the heads of the Federal Reserve and the Bank of England will entertain.’
Kirkus
... Read more