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S5 Ep43: The illusion of control

VoxTalks Economics

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Should Central Banks Have More Power?

The reason we make central banks independent is because of inflation monetary policy. We have too instruments to control at the price and quantity of money, he says. And e know if the central bank has done his job properly or not. I think there's an easier and better, more efficient solution: highest economic growth with few and well contained financial crisis are a better way than current edifice.

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