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Negative interest rates : the black hole of financial capitalism / by Jacques Ninet (Independent Scholar).

By: Ninet, Jacques [author.]Material type: TextTextSeries: Critical studies on corporate responsibility, governance and sustainability ; v. 13.Publisher: Emerald Publishing Limited, Description: 1 online resource (192 pages)ISBN: 9781839823763Subject(s): Interest rates | Capitalism | Social responsibility of business | Business & Economics, Interest | Economic theory & philosophyAdditional physical formats: No titleDDC classification: 332.8 LOC classification: HB539 | .N56 2020Online resources: Click here to access online
Contents:
Prelims -- Introduction -- Part 1 Financial Capitalism: From the Neoliberal Revolution to the Multifaceted Crisis of the Twenty-first Century -- The Great Turn -- Neoliberalism and the Revenge of Rentier Capitalists -- The Underpinnings of Hyper-Financialization -- The Poor Economic and Financial Record of Thirty-five Years of Neoliberalism -- Part 2 Anatomy of a Crisis -- The Single Crisis of the Asset-based Economy -- A Foreseeable but Not Foreseen Crisis -- Deficit and Debt Trap -- A Useless Crisis? -- Part 3 In the Hands of Central Banks -- Central Bank: A Standard Reading -- Some Facts about the Monetary Economy To Better Understand the True Role of Central Banks -- The Short History of Central Banks in the Long History of Money -- Theoretical Foundations of Central Banking: From Monetarism to Dynamic Stochastic General Equilibrium (DSGE) Models -- Does Independence Guarantee Infallibility? -- Are Central Bankers Truly Independent? -- An Astonishing Confession -- Part 4 Who Will Save the Central Banks? -- The Black Hole -- Economic and Financial Consequences of NIRP and ZIRP -- TINA (There is No Alternative)? -- Central Banks: At the Core of the Next Confidence Crisis -- Conclusion -- Afterword -- Appendices -- References -- Index of Names.
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Includes index.

Includes bibliographical references.

Prelims -- Introduction -- Part 1 Financial Capitalism: From the Neoliberal Revolution to the Multifaceted Crisis of the Twenty-first Century -- The Great Turn -- Neoliberalism and the Revenge of Rentier Capitalists -- The Underpinnings of Hyper-Financialization -- The Poor Economic and Financial Record of Thirty-five Years of Neoliberalism -- Part 2 Anatomy of a Crisis -- The Single Crisis of the Asset-based Economy -- A Foreseeable but Not Foreseen Crisis -- Deficit and Debt Trap -- A Useless Crisis? -- Part 3 In the Hands of Central Banks -- Central Bank: A Standard Reading -- Some Facts about the Monetary Economy To Better Understand the True Role of Central Banks -- The Short History of Central Banks in the Long History of Money -- Theoretical Foundations of Central Banking: From Monetarism to Dynamic Stochastic General Equilibrium (DSGE) Models -- Does Independence Guarantee Infallibility? -- Are Central Bankers Truly Independent? -- An Astonishing Confession -- Part 4 Who Will Save the Central Banks? -- The Black Hole -- Economic and Financial Consequences of NIRP and ZIRP -- TINA (There is No Alternative)? -- Central Banks: At the Core of the Next Confidence Crisis -- Conclusion -- Afterword -- Appendices -- References -- Index of Names.

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