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Why the Obsession With Dodging Recessions Is a Bad Thing

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Why the Obsession With Dodging Recessions Is a Bad Thing
Members of the public shop for fresh produce at a market in Melbourne, Australia, on July 27, 2022. AAP Image/Joel Carrett
Graham Young
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Commentary

Central banks around the world have done a lot of damage in recent years trying to avoid recessions instead of their real job of keeping inflation under control.

Graham Young
Graham Young
Author
Graham Young is the executive director of the Australian Institute for Progress. He is the editor and founder of OnlineOpinion.com.au and has conducted qualitative polling on Australian politics since 2001. Mr. Young has contributed to The Australian newspaper, The Australian Financial Review, and is a regular on ABC Radio Brisbane.
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