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.
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.
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.
