Bill Mitchell – The monetary and fiscal normality of Wolfgang Schäuble – stagnation and entrenched unemployment

All central banks that issue a sovereign currency: They can never go broke and could operate without problems with permanent negative equity. They are not profit-seeking companies owned by shareholders. They are part of the […]

Voters in Chile have overwhelmingly rejected a new constitution which was due to replace the one drawn up under Gen Augusto Pinochet’s military rule. Read Here

What else would one expect from Social Democrats? Read here