Very insightful piece by @B_Eichengreen on historical pitfalls in policymaking and an application to Fed and ECB http://tinyurl.com/d78ucpo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@B_Eichengreen Great article. IMO problem in 30s = prices fell 10%/yr + Fed tightens. Problem '98-'13 = cheap$/excess credit. Not opposite.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@B_Eichengreen Good but outdated overview.In Cyprus ultimatum and its eventual destruction within days, ECB has broken new historical groundThanks. Twitter will use this to make your timeline better. UndoUndo
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@B_Eichengreen a great one, againThanks. Twitter will use this to make your timeline better. UndoUndo
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