'Irresponsible bank lending caused the crisis of 2008, and increased inequality dramatically. Bernanke's Quantitative Easing rewarded banks, and increased inequality further. I agree with Coppola that the next QE should be for the people. Read this book to learn how it would work.'Steve Keen, author of Debunking Economics'Frances Coppola is a world expert on commercial and central banking. Her defence of "People's QE" is a must-read for all those engaged in the debate. No one else could approach this subject more authoritatively.'Ann Pettifor, Director of Policy Research in Macroeconomics (PRIME)
IntroductionSection 1 The Great ExperimentSection 2 Understanding MoneySection 3 QE for the People: A Better WaySection 4 Some (Weak) Objections to QE for the PeopleSection 5 Lessons for the Next DepressionNotes
Frances Coppola is a financial writer and blogger who appears regularly in Forbes and The Financial Times. Her blog is coppolacomment.com