CENTRAL BANKS AND THE CRISIS
CENTRAL BANKS AND THE CRISIS

Summary/Abstract: Thinking of what a global currency could be or represent 􀀐 an idea on which the authors have strong public opinions 􀀐 the question of the central banks’ role and conduct during the last crisis has become not only complex but a changing one. As regards this latest process, we feel that we separate from something rational we have been used to, and it seems we undergo, as professionals, a hardly acceptable conversion.

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