Excerpt
Excerpt
The coming battles over monetary policy. Jeffry Frieden, January 2013, Paper. "As the world recovers from the Great Recession, get ready for some new fireworks, of a sort we haven’t seen for a while – over monetary policy. Just about every other weapon in the government economic-policy arsenal has been discarded, or denied; monetary policy is what remains. And that means that the political pressures that are typically exerted elsewhere are likely all to concentrate on the world’s monetary authorities. To see how and why this happened, we have to go back to the 1970s..." Link verified August 21, 2014