Pundits had expected a drop. After this rise in inflation, as in France and Spain, the ECB could well increase interest rates still again.
Read HERE
DeStatis – Germany: Increased Inflation rate of +9.3% expected in February 2023
Climate Crisis
Bill Mitchell: The climate emergency requires us to reset our understanding of fiscal capacity. It is already, probably, too late
The climate emergency is of another scale again though. And penny pinching now will cause immeasurable damage to humanity. Food security will be threatened. Urban environments will become unliveable. Pandemics will increase if we don’t […]
Economics
Richard Murphy: The government does not spend taxpayers’ money: that clears the government’s debt to the Bank of England
Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]
Finance
ITEP: Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
Hugely profitable tech company provides first look at how corporations are faring under new tax law Read here
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