Inequality and monetary policy

Josef Stiglitz gives us in this book a pretty interesting global view about social inequality .... Our monetary Theory to cope with this problem is only a single element of this field. 

The author wrote : 

"" A monetary policy -and monetary institutions - to maintain full employment. Historically there has been greater reliance on monetary policy than of fiscal policy for short term stabilization, simply because it can adjust to changing circumstances more rapidly. But deficiencies in governance, and in the prevailing economic models, have led a massive failure of monetary policy. Chapter 9 explained the reforms in theory, in governance, and in policy that are needed : a more accountable and a more representative central bank , and a shift away from the excessive focus on inflation to a more balanced focus on employment, grow and financial stability" 

Mila Solidus Ltd, HK shares this view. We think that Money is a social relation and the Financial industry have to serve the tangible efforts in the real life.

But money seems really to be a complex concept to understand for many people ( for example,  http://time.com/money/4663767/trump-strong-dollar-versus-weak-currency/?xid=frommoney_soc_socialflow_twitter_money )

So, don t hesitate to contact us : mila.solidus.ltd@protonmail.com