Unlock the door to understanding the global economy and the power it wields over the world's future, with a deep dive into the essentials of Quantitative Easing (QE), Quantitative Tightening (QT), and Moral Hazard. These potent terms, although alien to many, have increasingly influenced the world stage since 2009.
In a compelling analogy, the book depicts the practice of Quantitative Easing - colloquially known as 'easy money' - and its counterpart, Quantitative Tightening, as akin to the harsh odyssey from dependency to rehabilitation. The book vividly portrays that just as individuals struggle to escape the clutches of addiction and embark on the road to recovery, so too do our global economic systems. By reading this book, you'll gain a fresh perspective on the complex and compelling forces that govern the world economy.