I have long argued that central bankers, especially those elevated to superstardom by supporters, have appropriated far more than their share of credit for the long period of macroeconomic stability since the early eighties.
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False attributions and monetary policy making
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I have long argued that central bankers, especially those elevated to superstardom by supporters, have appropriated far more than their share of credit for the long period of macroeconomic stability since the early eighties.