In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is also much (and wrongly) discussed in the media, to show why it is almost impossible to return to moderate inflation anywhere in the world using the orthodox means of monetary policy.
Finance
Heiner Flassbeck: What Will Cutting ‘Quantitative Easing’ Mean for Europe?
In The Real News Network The European Central Bank (ECB) announced that it will reduce its cash injection program, known as quantitative easing, by half. Economist Heiner Flassbeck discusses the consequences this will have for […]
Austerity
LETA100: Latvian Healthcare workers to organize “A Day without a Doctor” in protest against insufficient healthcare financing
As far as the eye can see in the EU: Austerity Read here
Climate Crisis
DIW: 100% renewable energy for Germany: coordinated expansion planning needed
Due to ambitious climate change targets and other energy and industrial policy goals such as the nuclear phase-out, the energy transition in Germany is heading toward a completely renewable energy system. This Weekly Report is […]
Be the first to comment