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Tuesday, January 20, 2015

Simon Wren-Lewis — When central bank losses matter

To repeat it in a simple but more provocative way: a central bank giving money to people or governments is out of the question, but a central bank giving money to parts of the financial sector is just fine. That is a very convenient taboo for some.
Mainly Macro
When central bank losses matter
Simon Wren-Lewis | Professor of Economics, Oxford University

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