"Perhaps what forced central bankers to act creatively was the political difficulty of doing nothing after having spent billions rescuing private banks."

equilibristaequilibrista のブックマーク 2013/06/27 22:41

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Central Bankers on the Ground | by Raghuram G. Rajan - Project Syndicate

    Markets are in turmoil again, following the Federal Reserve’s indication of an exit from quantitative easing toward the end of the year. Regardless of how markets ultimately respond, recent develop...

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