Mario Draghi on Protectionism

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Last quote by Mario Draghi on Protectionism

A turn towards protectionism would pose a serious risk for continued productivity growth and potential growth in the global economy. To foster a dynamic global economy we need to resist protectionist urges. Given the large collective costs that we have observed, there is never a good time for lax regulation. But there are times when it is especially inopportune. Specifically, when monetary policy is accommodative, lax regulation runs the risk of stoking financial imbalances.feedback
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Aug 26 2017
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