“Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises.”

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Originally said in English.

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About Gita Gopinath

Gita Gopinath is quoted here; further biographical details are not publicly available.

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"Opponents of central-bank intervention are right about one thing: mon…" — Gita Gopinath | Daily Quotes