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Mentioned in 1 episodes
Between Debt and the Devil
Money, Credit and Fixing Global Finance
Book • 2015
In 'Between Debt and the Devil', Adair Turner challenges conventional wisdom on credit growth and economic stability.
He argues that most credit does not fuel economic growth but instead drives real estate booms and financial crises.
Turner advocates for central banks to create money for the real economy, either through government spending or direct payments to citizens, as a means to escape financial malaise.
He argues that most credit does not fuel economic growth but instead drives real estate booms and financial crises.
Turner advocates for central banks to create money for the real economy, either through government spending or direct payments to citizens, as a means to escape financial malaise.
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Mentioned in 1 episodes
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Riddle LaSha
Adair Turner
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Ritula Shah
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