Flug's formula: Spend, spend, spend
Has the governor of the Bank of Israel's approach to stimulating the economy proved itself?
It was only a matter of time before Karnit Flug and Benjamin Netanyahu butted heads. For many years, the Bank of Israel governor has had a clear agenda that supports increasing the state budget, and this is in stark opposition to Netanyahu’s outlook, which calls for putting the “fat man” -- the public sector – on a diet. The blowup happened this week when Flug presented...
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