Carolina Garriga
Appearances
Planet Money
A primer on the Federal Reserve's independence
It's not a concession, but it's a pretty strong correlation that holds across time from the 70s to two years ago and across different kinds of governments.
Planet Money
A primer on the Federal Reserve's independence
You can see... central bankers being fired and then inflation spiking. I mean, I'm from Argentina and I can give you many examples. And this has happened not only in Argentina, has happened in Turkey, has happened in Hungary. When an attack to central bank independence becomes public, you can see these spikes in inflation going up.