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How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged:... read more

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AT THE END of the twentieth century, with communism largely gone and with state-dominated strategies being replaced everywhere by market-oriented reforms, there is a consensus that prosperity and economic growth are created primarily by private enterprise and free markets.

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  1. Ben Bernanke (Author)

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  1. econ
  2. inflation 

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