CBDC — Abstract Illustration by Anton Kkhidze

A Discussion On Monetary Levers

Why access to credit rather than interest rates should be the primary tool of monetary policy.

For policy makers to minimize the human misery from economic booms and busts it’s important they have the right tools for the job. For the better part of a century interest rates have gone unchallenged as the primary monetary tool for Central Bankers…

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Chris Leeson

Chris Leeson

Bringing finance and economics to you with a focus on in-depth analysis and everyday life.