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Central Banks and the Revenge of Politics

Otmar Issing, (2016), “Central Banks and the Revenge of Politics”, Project Syndicate, 1 Νοεμβρίου

The reputation of central banks has always had its ups and downs. For years, central banks’ prestige has been almost unprecedentedly high. But a correction now seems inevitable, with central-bank independence becoming a key casualty.

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