Abstract

The approach to money, credit, and asset prices that investors have used for the past 20 years is now defunct and has to change structurally. Inflation targeting was a central tenet of Alan Greenspan’s approach to central banking but has not succeeded. It failed because it ignored money and credit. Controlling credit will be key for the future global economy.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call