Olivier Blanchard quotes

Crises feed uncertainty. And uncertainty affects behaviour, which feeds the crisis. (Olivier Blanchard)

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.

Olivier Blanchard

Olivier Blanchard

Olivier Blanchard - Image

Occupation: French Economist
Born: December 27, 1948
Quotes count: 2
Wikipedia: Olivier Blanchard