0 of 1 people found the following review helpful
2.0 out of 5 stars
Didn't answer the question, 14 Jan 2014
You're probably considering buying this book with this question in mind "What happens when the money runs out?" You'll be disappointed. What you'll get is six chapters of economic history which don't get me wrong is interesting, a couple of chapters of economics/politics, a chapter complaining about the mess we're in, half a chapter stating the obvious and half a chapter stating what we already know about what we want doing. The only original thought in the last chapter was the use of nominal GDP targets instead of inflation when forming monetary policy. Given that the FED has moved towards unemployment as a justification for interest rate changes and the BoE is on record saying the interest rates are no longer effective, this is a bit late.
I was expecting to be told of solutions that you'll find in most decent financial newspapers but I really wanted to know what were the obstacles to implementing them and how they might be overcome. A couple of worked scenarios would have been a bonus. But no, I'm on my second coffee thinking I'm getting to the climax and then the next page is the bibliography. It's like bad sex and sadly you can't smoke inside these days to make up for it.