Abstract

The crisis of 2007-2008 is one of the worst of the global banking crises. It started in the United States of America and then spread to various countries in the world, most of which economies were closely linked to the US economy. The problem that focuses on this research is determined by the introduction of a new view that believes that monetary policies are the result of banking crises and not only as these policies are known to cause some crises and can be an important way to address them. From the study of this crisis, the researchers concluded that there are six tools for monetary policy that have been developed and are in use. They are commonly used after the crisis. They are zero interest rate, exchange rate changing, quantitative easing, future guidance or verbal intervention, negative real interest rates and The objectives of the Central Bank and the fate of its independence.