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ÌÇÐÄvlog¹ÙÍø Authors

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Abstract

A trade war is a negative supply shock, and central banks cannot counteract the negative effects of current policies on real incomes in the United States, the United Kingdom, and many other countries. Only voters can do that.

Citation

Frankel, Jeffrey A. "A Trade War is No Reason to Ease Monetary Policy." The Guardian, November 27, 2018.