Report on the United Kingdom (2)
I must confess that my first reaction on reading Paul Bareau’s paper was, on balance, one of broad disagreement. A second reading revealed more common ground than I first suspected; further reading uncovered additional subtleties — I stopped reading at that point. Otherwise I might have beaten Mr Burger’s record for brevity hands down, and our excellent hosts might have considered the wisdom of inviting two speakers from the UK.
KeywordsMonetary Policy Monetary Aggregate Policy Credit Monetary Expansion Currency Transaction
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