"on balance, higher inequality makes monetary policy less
powerful in stimulating economic activity. Across countries, when inequality is higher, the cumulative impact of a monetary policy easing on consumption is smaller”. C. Borio @BIS_org
bis.org/speeches/sp210… https://t.co/htwKEHj8tM
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…