Könyv International Financial Markets Alexander Suetin

International Financial Markets

Szerző: Alexander Suetin
Nyelv: Angol
Kötés: Puha kötésű
Elérhetőség: Beszállítói készleten
Küldés 5-8 napon belül
25 521 Ft
One of the most remarkable features of the modern economy is that interest rates are negative in rea...

Információk a könyvről

Nyelv
Angol
Kötés
Könyv - Puha kötésű
Kiadva
2018
oldal
696
EAN
9786139840007
Enbook ID
19747423
Súly
1055
Méretek
150 x 220 x 41

Teljes leírás

One of the most remarkable features of the modern economy is that interest rates are negative in real (ie, after inflation) terms and are expected to remain so. This is not unprecedented. Real rates were negative after the Second World War and again in the 1970s. But in both cases inflation was much higher than it is today. If the rate is held at an artificially low level for too long, the danger is that capital may be misallocated. The temptation will be to finance speculative property developments rather than new factories. However that is not enough. It means only one thing. The conventional arms have run out. What are the new ones? You will find out. And even much more than that. If you buy this book.

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