
Why a Strong Dollar Causes Most of the World Major Pain
Odd Lots
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Navigating Post-Crisis Monetary Policy
This chapter examines the challenges banks face in transmitting monetary policy globally after the 2008 financial crisis. It discusses the transition from bank lending to capital market instruments and highlights the implications of rising corporate and household debts. The conversation emphasizes the importance of diversified policy approaches to manage financial risks and promote long-term economic resilience.
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