2006 Balance Sheet Efficiency Finance 
Tom Spencer
MAY 9, 2020
The principal goal of the Bretton Woods System was to create an efficient foreign exchange system in order to promote trade and economic growth while at the same time preventing countries from engaging in competitive currency devaluations. While focusing intently on consumer prices, central banks tend to ignore rising asset prices.
MishTalk
DECEMBER 26, 2013
Total credit in the economy (total social financing) showed a 40 per cent rise in November over the prior month and is on course for growth this year of almost 20 per cent. China’s credit boom is still in full swing. But it is hard not to conclude that the authorities remain conflicted.
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