Lars Svensson, a deputy governor of the Swedish central bank, proclaimed that when an economy is at

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Lars Svensson, a deputy governor of the Swedish central bank, proclaimed that when an economy is at risk of falling into deflation, central bankers should be

“responsibly irresponsible” with monetary expansion.

What does this mean, and how does it relate to the monetary transmission mechanism?

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Economics Of Money Banking And Financial Markets

ISBN: 9780132770248

10th Edition

Authors: Frederic S Mishkin

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Question Posted: Nov 15, 2024 09:01 AM

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Lars Svensson, a deputy governor of the Swedish central bank, proclaimed that when an economy is at

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Economics Of Money Banking And Financial Markets

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