“I refuse to start from the assumption that the role of monetary policy is to control and stabilize inflation. The only acceptable way to start is, I believe, to think of the goal of monetary policy, together with fiscal policy,as the maximization of welfare.”

—  Olivier Blanchard

" Monetary Policy; Science or Art? https://economics.mit.edu/files/742" (2006)

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Olivier Blanchard4
French economist 1948

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