LONDON â?? In his Pulitzer-Prize-winning book, Lords of Finance, the economist Liaquat Ahamad tells the story of how four central bankers, driven by staunch adherence to the gold standard, â??broke the worldâ? and triggered the Great Depression. Todayâ??s central bankers largely share a new conventional wisdom â?? about the benefits of loose monetary policy. Are monetary policymakers poised to break the world again?
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