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The book demolishes standard macroeconomic theory and shows how central banks' blinkered obeisance to that theory has, by making bubbles, crises, recessions and, latterly, inflation inevitable, undermined the pillars of a capitalist society.

Produktbeschreibung
The book demolishes standard macroeconomic theory and shows how central banks' blinkered obeisance to that theory has, by making bubbles, crises, recessions and, latterly, inflation inevitable, undermined the pillars of a capitalist society.
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Autorenporträt
Bernard Connollyis a renowned British economist and author of the international best-selling book on monetary matters, The Rotten Heart of Europe. A consultant to wealth managers, he is highly respected by central bankers, policy-makers and financial-market participants, who appreciate his depth of highly original theoretical understanding and his ability to apply that theory successfully to the real world. He has published articles in the financial and general press throughout the world.