Hints and tips:
...Revisiting Bernanke and Blanchard I received a large postbag regarding last week’s newsletter on the causes of the great inflation using the framework developed by Olivier Blanchard and Ben Bernanke....
...But in practice, Blanchard notes, it is almost always central banks that are left to resolve the conflict....
...“The issuance of debt without a later increase in taxes may well be feasible,” Prof Blanchard said in January 2019....
...Asked what the BoE would do in those circumstances, governor Andrew Bailey last week told MPs the government would just have to find another way to finance itself rather than allowing inflation to rise....
...“It is all about fiscal policy now,” says Olivier Blanchard, a former IMF chief economist....
...Blanchard, Assistant to the Board, Office of Board Members, Board of Governors Messrs....
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