Technocrats have used QE to deliberately inflate asset bubbles. They have never publicly condemned or constrained asset price inflation.
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Geopolitics
Middle East Eye: Attorney general says UK must be sure arms sold to Israel not used illegally
The review into arms sales to Israel is ongoing, amid reported Foreign Office struggles about differentiating weapon types Read HERE
Economics
DeStatis: German Manufacturing in June 2022: new orders down 9% year on year
New orders in manufacturing:June 2022 (in real terms, provisional): -0.4% on the previous month (seasonally and calendar adjusted) -9.0% on the same month a year earlier (calendar adjusted ) May 2022 (in real terms, revised): […]
Austerity
Bill Mitchell: The IMF is all at sea, stuck in its ways, and sending conflicting signals
This has been going on for a couple of years now and seems to be increasing: the IMF presents enlightened policy papers and its leaders make progressive sounds – but all remains the same. Read […]
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