Money: A Zero-Sum Game

Subramanian, K and Vaidyanathan, K (2023) Money: A Zero-Sum Game. Working Paper. SSRN.

Full text not available from this repository. (Request a copy)


This presentation captures a synopsis of the ideas in our new book "Money: A Zero-Sum Game". Following the Global Financial Crisis, central banks across the world employed so-called monetary “bazookas” to stimulate economic growth. But the so-called monetary “bazookas” proved to be damp squibs. Why? We develop a new framework for money and the monetary system to show that monetary policy pursued by Central Banks across the world relies on a monetary theory that is flawed. Combining our practical experience as bankers, ab initio thinking of engineers & the rigor of economics, in this book, we develop a new framework for money to: (i) highlight the flaws in current monetary theory; (ii) develop a new monetary theory; (iii) explain why the monetary “bazookas” were damp squibs; and (iv) suggest monetary policies that can be effective in the real world

Item Type: Monograph (Working Paper)
Subjects: Finance
Date Deposited: 09 Feb 2024 11:56
Last Modified: 09 Feb 2024 11:57

Actions (login required)

View Item
View Item