In the final stages of the long boom that was upended by the pandemic, some acclaimed central bank alumni appeared on a stage in Atlanta and canvassed how it might all end and a recession begin. Former Federal Reserve Chair Ben Bernanke declared that growth is typically murdered by monetary authorities. Janet Yellen, his successor at the Fed, was more diplomatic: Business cycles usually don't just die of old age.

If the current global expansion comes to an end in 2024, policymakers will doubtless be left holding the weapon.

QOSHE - ‘The Wolf’ Could Teach Central Bankers to Clean Their Mess - Daniel Moss
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‘The Wolf’ Could Teach Central Bankers to Clean Their Mess

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06.12.2023

In the final stages of the long boom that was upended by the pandemic, some acclaimed central bank alumni appeared on a stage in Atlanta........

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