Olivier Blanchard

Quotes

• “I refuse to start from the assumption that the role of monetary policy is to control and stabilize inflation. The only acceptable way to start is, I believe, to think of the goal of monetary policy, together with fiscal policy,as the maximization of welfare.”
• “Crises feed uncertainty. And uncertainty affects behaviour, which feeds the crisis.”

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Wikidata facts

Official website

econ-www.mit.edu/faculty/blanchar

Image

Oliver Blanchard, IMF 98BlanchardWEO1 lg.jpg

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