Monetary Policy in Nigeria - ArticlesNG
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Monetary Policy: Definition, Objectives,Types, Tools
European central banks, led by the German Bundesbank, were more conservative. They did little to help their economies catch up. They regarded active monetary stimulus as dangerously inflationary, even when their economies were barely emerging from recession. They were determined never to finance more than sustainable noninflationary growth, even temporarily. Europe recovered much more slowly than America, and its unemployment rates have ratcheted up from the 1970s.
Monetary Policy Framework - Bank Sentral Republik …
Priorities reflect national dreams and nightmares. German horror of inflation, for example, dates from the 1923 and from a second bout of inflation after World War II. Priorities also reflect divergent views of how economies work. European monetary authorities were acting like monetarists, Americans like Keynesians, although both would disavow the labels.
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