Not so long ago the world was worried about deflation, supposedly driven by low-cost imports from China, but also a stagnating economy driven by high levels of private debt. Now central banks are trying their hardest to bring down inflation, fearing without their expertise it will spiral out of control. So, will it? What caused it? And can we live with it? This week Phil and Steve look at the pros and cons of inflation and discuss whether it is here to stay.
Climate Crisis
Kevin Anderson: A True Paradise. Where are we Heading?
Climate scientist Kevin Anderson warns that continuing on our current path could result in a 3-4°C temperature rise by the end of the century, a catastrophic outcome to be avoided at all costs. He cautions […]
Economics
Quinn Slobodian – Neo-liberal Globalism and the Backlash from Within
Quinn Slobodian’s talk on 13 June in Berlin. We would like to thank Quinn for giving the talk and OXI Blog for making this film possible, not to forget Dustin who does the filming and […]
Economics
Steve Keen – Of surpluses and deficits: discussion with Jussi Ora from Positive Money Sweden
This is a short (for me!) video discussing why one entity’s surplus is another’s deficit in a monetary economy, and why governments running a surplus are making the economy weaker rather than stronger.
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