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This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment,...
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AbstractThe following sections are included:IntroductionInterest Differentials, Carry Trades, and Worldwide InflationCarry Trades and International Monetary ReformA New International Monetary Agreement?The Supply Constraint on Bank CreditA Concluding Note on Stagflation in the United...
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