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This is an excellent MUST READ article from leading Oxford economist, Simon Wren Lewis, in his blog entitled “Mainly Macro”. Check it out!
via mainly macro: The MPC’s Forward Guidance – Simon Wren-Lewis.
I too welcome the MPC’s Forward Guidance initiatives.
However, I wish that George Osborne would play catch up with some bold and imaginative fiscal interventions to get the economy moving, focusing upon investment and jobs growth.
Any thoughts?
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