The Cost of Free Money cover art

The Cost of Free Money

How Unfettered Capital Threatens Our Economic Future

Preview

Get 30 days of Standard free

£5.99/mo after trial. Cancel monthly.
Try for £0.00
More purchase options

The Cost of Free Money

By: Paola Subacchi
Narrated by: Henrietta Meire
Try for £0.00

£5.99 a month after 30 days. Cancel anytime.

Buy Now for £14.70

Buy Now for £14.70

Summary

A penetrating account of how unchecked capital mobility is damaging international cooperation, polarizing the economic landscape, and ultimately reshaping the global order

When it comes to the afflictions of the global economy, almost everyone - and especially Donald Trump - is quick to point the finger of blame at the state of international trade. But what about unconstrained capital flows? Unfettered capital has resulted in a string of financial and economic crises that have left our political systems strained and dialogue corroded. The once perceived benefits of openness have been cast to the wayside, and the cracks in the global order can no longer be ignored.

Paola Subacchi argues that international cooperation and interdependence have become crippled. Regional restrictions will soon strengthen and a multipolar order will take shape, leading to a distinctly transformed economic landscape in which China challenges the dominance of the US dollar. Combining history, analysis, and prediction, this book provides penetrating insight into the challenges facing the international economic order.

©2020 Paola Subacchi (P)2020 Gildan Media
Economic History Economics International Politics & Government Tariff Capitalism China Banking Taxation Export Socialism Imperialism US Economy Russia Imperial Japan
adbl_web_anon_alc_button_suppression_c
All stars
Most relevant
A clear, insightful analysis of how cheap money shapes the global economy. Subacchi explains the hidden costs of easy credit, financial bubbles, and monetary policy with precision. Dense but highly rewarding for anyone interested in global finance, geopolitics and how it affects your own wallet.

One of the best answers to financial crises

Something went wrong. Please try again in a few minutes.