A Banquet of Consequences: The reality of our unusually uncertain economic future (Financial Times Series)

by Satyajit Das (Author)

• Used

  Paperback
  2016

  $3.45

  The current environment of zero-cost money, concentrated bank power, and anaemic

  productive growth has coalesced not by accident or economic cycle but by wilful choice. Das

  warns that without significant change, the only possible future holds dire consequences for all

  but an elite few. His tone is as urgent as the problem. All central bankers, politicians, and

  citizens should heed his words.

  Nomi Prins, author of Other People's Money and All the Presidents' Bankers

  Written with passion and insight, and laden with facts, the book provides a clear explanation

  of the economic, social, and political issues that lie ahead, and the difficulty in solving

  them.

  Jon Markman, Forbes columnist and president and publisher of Markman Capital Insight

  A Banquet of Consequences is an intricately researched, decisively written and devastating

  analysis of today's economy. Satyajit Das connects disparate strands of a story, and in doing

  so delivers a damning critique of global economic policies of the last 50 years. He argues that

  governments and citizens of every political hue are now so addicted to growth and resistant to

  change, that a prolonged period of chronic stagnation, sustained by large infusions of

  monetary morphine and continuous interventions, or an unavoidable financial, political and

  social breakdown are the only possible outcomes.