/biz/ - Business & Finance

Anonymous Sat Sep 8 18:05:42 2018 No.11003199 [View]
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>>11003159
>The alternative – to preserve policymaking autonomy- would involve a new proliferation of truly draconian controls on trade and capital flows. This course offers governments a splendid time. They could manage exchange-rate movements, deploy monetary and fiscal policy without inhibition, and tackle the resulting bursts of inflation with prices and incomes polices. It is a growth-crippling prospect. Pencil in the phoenix for around 2018, and welcome it when it comes.

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/biz/ - Business & Finance

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