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What is a liquidity trap? Definition and meaning
In a liquidity trap a central bank adds money to the market hoping to simulate the economy by lowering interest rates, but spending does not increase.
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Gita Gopinath is not alone in avoiding the crypto party: Here are top 5 economists who said no to crypto
Central bankers, top economists, etc. have all been wary of Bitcoin and other cryptocurrencies due to their speculative nature.
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