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Printing more money isn't the answer to all economic ills

  • Written by Richard Holden, Professor of Economics and PLuS Alliance Fellow, UNSW Australia
imageMoney printing isn't the answer to all economic problems.Image sourced from Shutterstock.com

Economists did not predict the financial crisis of 2007, nor did we predict that advent of secular stagnation that has followed. Those events have shaken the economic and political world. Our theories need work. Maybe a lot of work.

But those events, and...

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