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Ep 15: Controlling Credit (with Eric Monnet)
Library of Mistakes
The Importance of Central Bank Credit Policies in Post-War Europe
The end of credit policies in European countries has been a key phenomenon for achieving the conversion of central bank practices. It begs the obvious question, if they start creeping back in again, is it compatible with a single currency? So it is as long as they're done at the European level. There are already some kinds of credit policy in the Eurozone.
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