Skip to content

Asset Quote by Raghuram Rajan

“Endorsing unconventional monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on growth.” quote by Raghuram Rajan
Download Open image
“Endorsing unconventional monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on growth.”

Raghuram Rajan

About This Quote

Source Speech: Economic Forum, 2020

Blindly accepting unconventional monetary tools normalizes market distortion despite other growth limits.

In simple terms: Unquestioned policies distort markets.

Key Takeaway

Critically evaluate monetary innovations.

Themes

monetary policy market distortion growth constraints

Mood

analytical cautious

Type

advice philosophical

When to use this quote

  • central banks
  • investors
  • governments
  • academics

Key Concepts

economics policy analysis

Questions to Reflect On

  • When is unconventional policy justified?
  • What safeguards prevent distortion?
A Different Perspective

Overreliance on policy can ignore underlying structural issues.

2.6 out of 5 (4 ratings)

More by Raghuram Rajan

Explore all 64 Raghuram Rajan quotes

More Asset quotes

Browse all 222 Asset quotes