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.
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.
The ECB chief just ruled out raising interest rates. This is a big mistake that can cost the euro zone dearly in the coming recession.
This week, the media made a big deal out of the December numbers on U.S. inflation. There was no reason for that.
Donald Trump keeps criticizing the Federal Reserve for its interest rate policies. But if he gets what he really wants, he will make inflation great again.
In the cacophony of EU criticism, it is easy to forget that Hungary is one of Europe’s most enduring economic success stories. The unfolding recession has not changed that.
Here is why the seven EU member states who still have their own currency should stay out of the euro zone.
Next year is shaping up to be tough, both for the euro zone and European countries outside of it. How bad will the recession be? Our forecast goes beyond conventional economic wisdom to find out.
What can the past 20 years tell us about Europe’s economic future?
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