Euros & Dollars: The Irony of Bulgaria’s Euro Entry
Bulgaria is on the cusp of joining the euro but has not yet set a firm accession date. They would be wise in waiting to give up their own currency.
Bulgaria is on the cusp of joining the euro but has not yet set a firm accession date. They would be wise in waiting to give up their own currency.
Why is it so hard for the ECB to admit that inflation is a monetary phenomenon?
There are many pundits out there having opinions on inflation. But what do the latest figures really mean? Is inflation here to stay?
Donald Tusk has accused the National Bank of Poland of manipulating interest rates to help his predecessor win last year’s election. Here is ample proof that Tusk has no case.
The latest policy statement from the euro zone’s central bank is a harsh message to all governments that have budget problems.
After a long, agonizing encounter with monetary inflation, Europe is back to more normal levels of price increases. Ironically, that bodes well for the EU economy for the coming recession.
Argentina’s new president, Javier Milei, talks about making ‘seigniorage’ illegal. But does he really know what the term means?
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.
A review of the past 60 years of inflation and monetary policy shows why the Fed must be conservative as it considers rate cuts later this year.
Low inflation and rising unemployment suggest that the ECB will soon abandon its tight monetary policy.
To submit a pitch for consideration:
submissions@
For subscription inquiries:
subscriptions@