Central Banks and the Next Crisis: From Deflation to Stagflation | Daniel Lacalle
Channel: misesmedia
Date: 24/04/2020

When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.

Original article: https://mises.org/wire/central-banks-and-next-crisis-deflation-stagflation

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