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Recent financial instability has called into question the sufficiency of low inflation as a goal for monetary policy …. Whether these now need re-examination, or whether a low-inflation regime, in which the authorities stand ready to resort to …
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facts: (i) the long-run link between money growth and inflation and (ii) the link between credit growth and financial crises …. The analysis reveals that the former has weakened over time, while the latter has become stronger. Moreover, the money-inflation … two monetary facts. The money-inflation link is weaker in regimes characterised by low inflation and highly liberalised …
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Druckerpresse den Patienten am Leben zu halten. Die Folgen: Nullzinsen, immense Staatsverschuldung und eine drohende Inflation … immense Risiken. Staatsverschuldung, Negativzinsen, Inflation IBM ein giftiger Cocktail. Die Schulden der Euroländer sind … zwischen 2008 und 2021 explodiert. Im gleichen Zeitraum hat sich die Geldmenge versiebenfacht und die Zinsen sind in den Keller …
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easing in order to prevent inflation. The exits should be step-by-step rather than one-off. Communicating about the exit …
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task - the coordination of the non-exit is more likely than the coordination of the exit. -- Geldpolitik ; Fiskalpolitik …
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