Abstract
The plurality of aims, constraints, methods and sequences of intervention means the central bank is involved in a continuous exercise of choosing, or reconciling. Thornton again hits the mark when he asks much of those who preside over money and finance: prudence and decision, sense of conservation and ability to see change, rigour and flexibility.
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Notes
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© 2015 Pierluigi Ciocca
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Ciocca, P. (2015). Rigour and Flexibility. In: Stabilising Capitalism. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137555519_3
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DOI: https://doi.org/10.1057/9781137555519_3
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