Escape from the Central Bank Trap: How to Escape From the $20 Trillion Monetary Expansion Unharmed (Finance and Financial Management Collection) - Softcover

Lacalle, Daniel

Softcover

ISBN 10: 1631577832 ISBN 13: 9781631577833

Publisher: Business Expert Press, 2017

Synopsis

Central banks do not print growth. The financial crisis was much more than the result of an excess of risk. The same policies that created each subsequent bust are the ones that have been implemented in recent years. This book is about realistic solutions for the threat of zero-interest rates and excessive liquidity. The United States needs to take the first step, defending sound money and a balanced budget, recovering the middle-class by focusing on increasing disposable income. The rest will follow. Our future should not be low growth and high debt. Cheap money becomes very expensive in the long run. There is an escape from the Central Bank Trap.

About this title

About the Author:

Daniel Lacalle is a Professor of Economist and fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master's degree in economic investigation (UCV). Mr Lacalle has more than 24 years of experience in the energy and finance sectors, including experience in North Africa, Latin America and the Middle East. Mr Lacalle is currently a fund manager overseeing equities, bonds and commodities. He was voted Top 3 Generalist and Number 1 Pan-European Buyside Individual in Oil & Gas in Thomson Reuters' Extel Survey in 2011, the leading survey among companies and financial institutions. Author of the best-selling books "Life In The Financial Markets" (Wiley, 2014) and "The Energy World Is Flat" (Wiley, 2014, with Diego Parrilla) as well as "Nosotros los Mercados," "La Madre de Todas las Batallas," "Viaje a la Libertad Economica," "Hablando se Entiende la Gente" and "Acabemos con el Paro" (Deusto). Regular collaborator with CNBC, El Confidencial, El Mundo, The Commentator, and The Wall Street Journal. Mr Lacalle is also a lecturer at the London School of Economics, UNED University and IE Business School.

About this edition

• Publisher: Business Expert Press
• Publication date: 2017
• ISBN 10: 1631577832
• ISBN 13: 9781631577833
• Binding: Paperback
• Number of pages: 210