tag:blogger.com,1999:blog-2277215496195926573.post8262757126009938578..comments2024-01-01T07:41:51.347-08:00Comments on RALPHONOMICS: International cooperation on QE?Ralph Musgravehttp://www.blogger.com/profile/09443857766263185665noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2277215496195926573.post-88365060149720402142014-02-01T00:41:36.493-08:002014-02-01T00:41:36.493-08:00The capital controls/import controls you'll ne...The capital controls/import controls you'll need to put in place are essentially auto-stabiliser brakes. Just like what they have on the stock markets to slow down a meltdown or excessive rise - either in a particular share or the whole market.<br /><br />You shouldn't prevent changes in real terms of trade, but if you slow them down so they occur over time then people have the chance to adjust. <br /><br />NeilWhttps://www.blogger.com/profile/11565959939525324309noreply@blogger.com