Overflowing red ink can divide monetary and fiscal authorities on the importance of price stability. Weakening the consensus on fighting inflation only increases the temptation for political meddling in monetary policy.
Persistent deficit spending can create problems for monetary policy. When fiscal authorities run large deficits, they leave central banks with a troublesome choice.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.