Tag: debt crisis

Euros & Dollars: Javier Milei’s War on Inflation

The president of Argentina wants to make it illegal to print money for budget deficits. Economic theory says he is right, but the politics of the welfare state may get in his way.

Germany Struggles To Fund Green Agenda

An audit court warned on Monday that the supplementary budget for 2023 is “extremely problematic under constitutional law,” because it retroactively invokes an emergency for a budget year that is almost over.