The pressure to raise interest rates seems to run parallel to the pressure to re-introduce austerity. Is there any reason for either?
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Bill Mitchell: More evidence that the current inflation is ephemeral
EU politics
The Local de: ‘Germans are coming back’: Spaniards sceptical over return of tourists
This is incredible. Spaniards are not allowed to leave their regions except on business, although the infection rates are lower than in most of Europe. However other Europeans, even though their nation have much higher […]
Economics
Bill Mitchell: When two original MMT developers get together to discuss their work
Bill Mitchell/Warren Mosler provide a great primer on Modern Monetary Theory, and a reminder of 25 years of thinking/observation that’s gone into what’s become a precise body of work. Read here
Corruption
Politico – EU: Not all commissioners are treated equally
Comparison of the treatment of Josep Borrell and Thierry Breton suggests neither rigour nor consistency on the part of the European Parliament. Read here
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