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A Profit-Making Central Bank Is A Reflection Of Poor Fisc Central bank profits can reveal more about government overspending than monetary success.

2/2 From seigniorage to balance sheet buffers, she explains why a strong central bank shouldn’t be mined to patch up a weak fisc : basispointinsight.com/Story/Home/a...

#RBIProfits #FiscalStress #SurplusDebate #CentralBankLogic #MonetaryMyths #PolicyTradeoffs

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