Monetary Reform — Where Do the Problems Go When Assumed To Have Been Solved?

Robert Z. Aliber
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Robert Z. Aliber: University of Chicago

Chapter 13 in The New International Money Game, 2011, pp 189-202 from Palgrave Macmillan

Abstract: Abstract The financial crisis that began in 2007 has led to several more or less standard remarks. One is the fear of protectionism — governments tend to favor domestic residents over foreigners when the supply of good-paying jobs is much smaller than the demand. The second is the need for more regulation, especially of financial institutions. (It is not as if the financial institutions were not regulated or abundantly regulated — the question is why the regulators failed to forestall the series of financial crises and the bubbles that preceded these crises.) The third is the need for a ‘new Bretton Woods.’

Keywords: Exchange Rate; Monetary Policy; Central Bank; Money Supply; European Central Bank (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-24672-0_14

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DOI: 10.1057/9780230246720_14

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