Savona, Paolo (ed.); Masera, Rainer Stefano (ed.) - 2023
: Central Banks and the World Economy (Mervyn Allister King) -- Chapter 4. How Elastic Money Should Be: Flexible Monetary Policy … possible to return to a "normalization" of monetary policy? (Jan Allen Kregel). …In light of the pickup of inflation at the end of 2021 and monetary policy shifts by the world's major central banks …