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Refocusing Central Banks on Monetary Policy

In: Wall Street’s Assault on Democracy

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  • Georges Ugeux

Abstract

What do central banks have to do with funding governments? When did they decide to reach out to the liquidity of the stock markets? How did their interest rate policies spread from short-term to long-term interest rates, managing and massaging the yield curve? Why are they expected to follow policies for growth and employment? How could they have grossly ignored the inflation risk of their massive injections of funds during the pandemic?

Suggested Citation

  • Georges Ugeux, 2023. "Refocusing Central Banks on Monetary Policy," Springer Books, in: Wall Street’s Assault on Democracy, pages 193-199, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-29094-7_24
    DOI: 10.1007/978-3-031-29094-7_24
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