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Analysis

(Central Banks) Put Central Bankers in Their Place (Project-Syndicate)

HOWARD DAVIES writes for Project-Syndicate: Current loose monetary policies in developed economies are likely to increase wealth inequality, and in the short term there is little that monetary and regulatory authorities can do about it. Resolving the problem will instead require finance ministers with a strong political mandate to implement redistributive measures.

go to Project-Syndicate website: Put Central Bankers in Their Place by Howard Davies – Project Syndicate (project-syndicate.org)