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Ep 15: Controlling Credit (with Eric Monnet)

Library of Mistakes

CHAPTER

The History of Central Banking in the Planned Economy

There's a complete failure to understand monetary policy without interest rates. So we need to get it back onto the agenda, not just for investors, but for policy makers. I think what is called this balance of power is also necessary in the democracy. People have forgotten again that something like independence does not mean absence of coordination between different policies.

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