Euros & Dollars: Government Makes Inflation a Bigger Problem
There is a distinct reason why inflation does not fall further. I am surprised nobody talks about it.
There is a distinct reason why inflation does not fall further. I am surprised nobody talks about it.
Inflation has given tax revenue an artificial boost over the past couple of years. Price stability is back now, yet government spending keeps growing at unsustainable rates.
What some pundits see as “propping up the bond market” are in reality desperate measures to prevent a major U.S. bank crisis.
On May 8th, Democrats voted to save the Republican Speaker of the House from being fired. That was the defining moment. Welcome to a new era in American politics.
The Swedish Riksbank stands out in international comparison—and not to the advantage of the Swedes.
With a mix of consumers and government driving the current economy, the Biden administration may find itself going into the election in a recession.
Originally, the European Stability Mechanism was set up to help troubled member states with their debt. Now, it wants to branch out—and make more money for itself.
The ones who get to enjoy lower rates are the ones who live on the right side of the euro-zone border. But not in the way we usually think of the euro zone.
The cracked veneer of pro-Hamas rhetoric cannot hide the fact that the ongoing campus protests have taken on a life of their own.
Since 2004, ten countries in Eastern Europe have proven that EU membership does not guarantee economic success.
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