From a leading European figure in finance and economics, a look at the once and future role of central bankers-the pivotal players in shaping the global economy. Praise for Johan Van Overtveldt's The Mystic Hand:

"Central Banks wield exceptional powers. Their Governors have been central figures in our economic fortunes, from the Great Financial Crisis to Coronavirus. The Mystic Hand is both lucid and wise, explaining the influence and policies of these institutions with the greatest of clarity. [Van Overtveldt] combines his skill as a politician, his experience as an economist and the lightness of touch of a journalist to write an invaluable, essential and enjoyable book." —Pascal Donohoe, President of the Eurogroup and Minister of Finance (Ireland)

"A fascinating Brussels insider's view on monetary policy" —Axel Weber, Chairman of the Board of Directors, UBS Group, and Former President of the German Bundesbank

"Their response to the Coronavirus pandemic has left the world's central banks supporting the global economy in a way which leaves asset prices intricately linked to their future actions. Johan Van Overtveldt has written a compelling account of the negative implications of this policy and ponders how they can escape the hole they have dug for all of us." —James Nixon, Head of Thematic Research, Oxford Economics