The Cost of Space Exploration
Ones and Tooze
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The Coordination of Fiscal and Monetary Policy
Fiscal policy right now is quite contractionary in the us. The big stimulus programs of last year are rolling off, and unless you renew themyou actually end up with a negative fiscal effect. And so central banks shouldn't be issuing instructions to elected politicians. That's the kind of game. But yes, absolutely, everyone is clear about the fact that if fiscal policy is acting as it currently is in the us."
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