Secrets of the Banking Trade: How to Get High Growth + Productivity & Low Inflation

“How can we beat inflation? Is high growth without inflation possible? Why the asset inflation and banking crises? Why have some countries like the UK low productivity? Why have some countries grown phenomenally fast? Banking expert Richard A. Werner reveals the secrets of the banking trade and the rules of the money game in his panel discussion contribution in Turkey on 8 October 2022. It’s not about interest rates – that’s the official smokescreen to keep the masses in the dark about how economies really work. Check out the role of the central bank.” (9 minutes)

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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