Verbatim quote · Receipt
A quote on the record
This is the receipt at the end of every superscript. The text below is a literal substring of the source document — checked mechanically, not vouched.
"central banking *is* the apex institution of the Gutenberg Galaxy: it operates by sequence (inflation today predicts inflation in 18-24 months), by linearity (the Phillips curve, the policy lag, the transmission mechanism), by quantification (targets, dot plots, forward guidance), by hierarchical authority, by audited, time-stamped, paper-trail decision-making, and by the assumption of a homogenous national or supranational economic body that can be steered by uniform price signals."
Supports
Neutral fact · Central banking operates by sequence, linearity, quantification, hierarchical authority, audited decision-making, and assumes a homogenous national economic body.
Provenance
Byte offset 207 · length 487 bytes
Extracted
Pages that cite this quote
This quote is in the graph but not yet on any signed page. It will appear here when a signed reading rests on it.