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Central Banks Do Not Prevent Financial Crises or Control Inflation

Recent crises have highlighted that central banks do not prevent systemic disruption. Often, their interventions have only delayed the reckoning but made crises worse. Full story here Are you the author?
Daniel Lacalle
Daniel Lacalle has a PhD in Economics and is author of Escape from the Central Bank Trap, Life in the Financial Markets, and The Energy World Is Flat.
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