3 ms·
Central banks need to have a very focused mission: a stable currency. They shouldn't get into the game of picking winners and losers. But if the government it
by nostromo 3y ago
Central banks need to have a very focused mission: a stable currency. They shouldn't get into the game of picking winners and losers.
But if the government itself wants to tax or borrow in order to subsidize loans for housing, that's something they can do. But not the central bank.