Thursday, March 8, 2012

MWP2 Precis 5

In their article "A tale of two perspectives: Old or new challenges for monetary policy?" (2003), authors
Claudio Borio, William English and Andrew Filardo state that Inflation is main cause of our financial crisis. The authors strengthen their statement by providing numerous charts, credible citations and well organized research. The intended audience for this book is for people who are very educated within the field of economics. The purpose for writing this book is to furthermore identify the problem of our crisis and solve it.

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