The Only Game in Town
In 'The Only Game in Town,' Mohamed A. El-Erian explores the precarious state of the global economy, emphasizing the paradox of recovery in a world burdened by low growth and debt. He argues that central banks have become the primary players in shaping economic dynamics, often overshadowing traditional market forces. As he deftly navigates complex economic theories, El-Erian unveils the hidden risks of reliance on monetary policy. This book serves as a wake-up call for policymakers and investors alike, urging them to reconsider the game-changing implications of sustained intervention. With insightful analysis and sharp predictions, El-Erian invites readers to ponder the future of finance and the unexpected turns that lie ahead.
By Mohamed A. El-Erian
Published: 2016
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