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The Great Moderation - Satyajit Das

"The period commencing in the 1990s became known as the Great Moderation, an era of strong economic growth, high production and employment, low inflation, reduced volatility in the business cycle, and self-adulation amongst politicians, central bankers and academic economists." 

(from "The Age of Stagnation" by Satyajit Das)



Satyajit Das Bloomberg Opinion Columnist

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