Finnish unions threaten to strike in February over government cuts to social benefits. They forget the massive, destructive government growth that took place 15 years ago.
European central banks agree that inflation may bump up again in 2024. But their explanations for this are oddly incongruent. What is really going on here?
CBDC is a paradox: it is a money based solely on trust that is structurally set up to destroy that trust. If people lose trust in the currency, the government would lose any control it had over the economy.
The twin villains of high inflation and high unemployment have not left Europe. They are just taking a nap under a pile of moderately optimistic economic data.
