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Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises.

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Gita Gopinath

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You know that 40 percent of the food in the United States gets thrown away because it doesn’t look a certain way. It’s crazy: just because the apple is not the right size or the carrot is not straight enough, it just doesn’t get accepted.

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Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting the most vulnerable.

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April 29, 2024

Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting the most vulnerable.

Previous

April 29, 2024

You know that 40 percent of the food in the United States gets thrown away because it doesn’t look a certain way. It’s crazy: just because the apple is not the right size or the carrot is not straight enough, it just doesn’t get accepted.

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