| http://www.w3.org/ns/prov#value | - The IMF study notes that plans to reduce the deficit can be particularly brutal if central banks ???do not or cannot blunt some of the pain through a monetary policy stimulus.??? (In 1992, Italy and Finland took steps to rein in their deficits but mitigated the discomfort by depreciating their currencies and boosting exports.) Meanwhile, if multiple countries are all carrying out austerity at the
|
