Economic Growth
A yellow card for the global economy
Growth may be back, but we saw the biggest debt increase in 15 years in 2017, warns the economist Daniel Lacalle.
Daniel Lacalle has a PhD in Economy, is Professor of Global Economy and Fund manager. He holds the CIIA financial analyst title, with a post graduate degree in IESE and a master’s degree in economic investigation. Member of the advisory board of the Rafael del Pino foundation.
He was ranked Top 20 most influential economist in the world 2016 (Richtopia), and is author of the best-selling books “Escape from the Central Bank Trap” (2017, BEP) ,“Life In The Financial Markets” (Wiley, 2014) and “The Energy World Is Flat” (Wiley, 2014, with Diego Parrilla), translated to Spanish, Chinese and Portuguese.
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Economic Growth
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Financial and Monetary Systems
The central-bank trap: the real price of cheap money
Central banks all over the world are propping up the economy by increasingly the money supply. But this is encouraging poor-quality growth and creating dangerous imbalances.