Our central bank operates by and for the financial elite.
Gerald Epstein
Gerald Epstein is professor of economics and co-director of the Political Economy Research Institute (PERI) at the University of Massachusetts Amherst.
Posted inEconomic Policy
Debts and Deficits: What Are the Limits, and Why?
This is part of our economists roundtable on the corona crisis. Recent Headlines from The Financial Times: U.S. taps market for stimulus funds at historically low rates (April 3) How central banks beat back the ‘bond vigilantes’; unlimited bond buying has made it near impossible for investors to punish overspending (March 31) Fed sets up scheme […]