Financial and Monetary Systems

The central-bank trap: the real price of cheap money

A man walks by a sheet of 5-euro notes at the opening of the new Central Bank of Ireland offices in Dublin. Image: REUTERS/Clodagh Kilcoyne

Daniel Lacalle

Chief Economist, Tressis

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Financial and Monetary SystemsBanking and Capital MarketsInequalityNew Growth ModelsEconomic Progress

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