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Why is there no credit for the real economy? Why are there major powers that aren’t interested in ending the crisis? In La produccion del dinero, Ann Pettifor presents a critical analysis of the global financial crisis based on the premise that banks and financial institutions benefit from these conditions and have an interest in maintaining them. She also provides an accessible introduction to money: what it is, who produces it, and why there’s no liquidity or flow of credit toward the real economy.
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Why is there no credit for the real economy? Why are there major powers that aren’t interested in ending the crisis? In La produccion del dinero, Ann Pettifor presents a critical analysis of the global financial crisis based on the premise that banks and financial institutions benefit from these conditions and have an interest in maintaining them. She also provides an accessible introduction to money: what it is, who produces it, and why there’s no liquidity or flow of credit toward the real economy.