Indeed, some politicians may prefer to have an independent central bank, which can be used as...
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"Indeed, some politicians may prefer to have an independent central bank, which can be used as a public whipping boy' to take some of the heat off their shoulders." A. Posen, "Central Bank Independence and Disinflationary Credibility: A Missing Link", Federal Reserve Bank of New York Staff Report No.1, May 1995. The above statement between quotation marks is, in fact, an answer. What should be the proper question for that answer? "Indeed, some politicians may prefer to have an independent central bank, which can be used as a public whipping boy' to take some of the heat off their shoulders." A. Posen, "Central Bank Independence and Disinflationary Credibility: A Missing Link", Federal Reserve Bank of New York Staff Report No.1, May 1995. The above statement between quotation marks is, in fact, an answer. What should be the proper question for that answer?
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Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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