Bordo, Michael D. (contributor); Dueker, Michael (contributor) - 2007
Bank of England on 23 November 2006 in
the Second Economic History Panel: Past, Present and Policy, sponsored by the CEPR … discount
future dividends) and because monetary policy actions to limit inflation would tend to slow
economic activity (and … attempting to deflate asset price booms, especially if sudden
declines in asset prices are likely to depress economic activity …