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Trying to Satisfy Financial Markets Is but a Vain Task

  • Marc ChesneyEmail author
Chapter
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Abstract

This chapter focuses on the reason why satisfying financial markets is dangerous and illusory and explains why financial complexity generates profit and power for a very few and precariousness for the vast majority. The transformation process of the unemployed into working poor is emphasized. The concept of financial toxicity is introduced and the role of central banks is analysed.

Keywords

Financial markets Working poor Central banks Austerity plans Complexity 

Bibliography

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Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Department of Banking and FinanceUniversity of ZurichZürichSwitzerland

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