Atoning for their mortgage and pension mis-selling scams has cost the UK banks billions, but their payouts perversely kept consumer spending alive. What happens now?
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Mathew D. Rose
Austerity, Economics, EU politics, EU-Institutions, Finance, Financial Institutions, Neo-Liberalism in the EU
0
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
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