Once Upon a Time, Debt Monetization Sounded Crazy
The Bank Indonesia logo is displayed at the central bank’s building in this photograph taken with a tilt-shift lens in Bandung city, West Java, Indonesia. (Photographer: Dimas Ardian/Bloomberg)

Once Upon a Time, Debt Monetization Sounded Crazy

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(Bloomberg Opinion) -- In an era when trillions of dollars have been plowed into the global economy, one institution stands out for its activism: the Philippines’s central bank.
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