In the first quarter 2021, seasonally adjusted GDP decreasedby 0.6% inthe euro areaandby 0.4%in the EU,compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European […]
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
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