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24. If higher inflation is bad, then why might it be more advantageous to have a higher inflation target than a lower target closer to
24. If higher inflation is bad, then why might it be more advantageous to have a higher inflation target than a lower target closer to zero?
25. Why arent most central banks more proactive at trying to use monetary policy to eliminate asset-price bubbles?
26. Why would it be better to lean against credit-driven bubbles and clean after other types of asset bubbles crash?
27. According to the Greenspan doctrine, under what conditions might a central bank respond to a perceived stock market bubble?
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