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I think swift action to prevent the collapse of the entire banking system was absolutely the right thing to do, and I don’t think there are any serious economists who’d disagree. The subsequent policy details are more controversial.
Public sentiment is going to be interesting in January if the supermarkets empty again, but this time due to genuine, non-trivial and non-resolvable issues with importing food.
Dammit
I think swift action to prevent the collapse of the entire banking system was absolutely the right thing to do, and I don’t think there are any serious economists who’d disagree. The subsequent policy details are more controversial.