CERF Blog
Fiscal Dominance
noun
a situation in which the fiscal authority is so profligate that a conscientious monetary authority is forced to accommodate – that is, the monetary authority must print money in order to maintain government solvency.
Stockholm Syndrome
noun
feelings of trust or affection felt in many cases of kidnapping or hostage-taking by a victim toward a captor.
Monetary Stockholm Syndrome
noun
see example below