For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever.
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Economics
Eurostat: Seasonally adjusted government deficit at 4.7% of GDP in the euro area and 4.5% of GDP in the EU
Governments trying to stave off recession by increasing their spending. Germany will not be pleased. Read HERE
Media
Robert Reich: Why Elon Musk has blocked me on Twitter (and now owns the joint)
This isn’t about freedom of speech. It’s about power. Read Here So let me get this straight: Elon Musk thinks "cancel culture" undermines democracy and calls himself a "free speech absolutist," but he's threatened to […]
Economics
Heiner Flassbeck: Falling energy prices at the producer and consumer level – what should feed continued inflation?
The President of the Deutsche Bundesbank, Joachim Nagel, said in a speech in Frankfurt on 5 July 2023 that it was too early to sound the all-clear with regard to the price development in Germany, […]
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