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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse
The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse
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“Our current economic path is coming to an end. The signposts are all around—sluggish growth, rising inequality, stubborn pockets of unemployment, and jittery financial markets. Soon we will reach a fork in the road: one path leads to renewed growth, prosperity, and financial stability, and the other to recession and market disorder.
In The Only Game in Town, El-Erian discusses the future of the global economy and markets, highlighting the choices we face both individually and collectively during times of economic uncertainty. He explains how central banks became key policy actors after the 2008 crisis, why they cannot continue in this role alone, and why a policy handoff is necessary before another crisis occurs.
The book offers insights from economics, finance, and behavioral science, giving us tools to understand and prepare for this turning point and emerge stronger. It is essential reading for investors, policymakers, and anyone interested in the future of the economy.
Details of Book
A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
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One Line Summary
Insightful guide to avoiding economic crisis pitfalls.
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Who is this book for?
If you're curious about the future of the economy and want a clear-eyed analysis, this book offers a compelling look at the challenges and decisions faced by policymakers and investors. El-Erian's perspective is thorough yet accessible, making complex topics like central banking and financial stability easier to grasp. It's a great read for anyone wanting to understand the forces shaping our economic outlook and how to prepare.