The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse
In The Only Game in Town, Mohamed A. El-Erian examines central banks’ expanding role in managing instability. The book considers the risks of relying on monetary policy alone and explores the broader challenge of avoiding the next economic or financial collapse.
About This Book
The Only Game in Town examines the role of central banks in responding to economic and financial instability.
Mohamed A. El-Erian focuses on the growing importance of central-bank policy in shaping markets and broader economic conditions.
The book considers the risks of relying on central banks as the primary solution to complex economic challenges.
It explores the question of how policymakers and institutions might work to avoid the next collapse.
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