Technocrats have used QE to deliberately inflate asset bubbles. They have never publicly condemned or constrained asset price inflation.
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Economics
Thomas Piketty: What is a fair pension system?
It is perhaps time to abandon the old idea according to which reduction of inequalities should be left to income tax, while the retirement schemes should content themselves with reproducing them. Read here
Geopolitics
AntiWar.com: Israel Ramps Up Assault on Gaza To Seize ‘Extensive Territory’ and ‘Divide’ the Strip
The Israeli military on Wednesday ramped up its ground assault and strikes on Gaza as Israeli officials announced plans to take over more land in the Palestinian territory. Read HERE
Austerity
Bill Mitchell: Greece – the next bailout is just around the corner
Greece has disappeared from the headlines, but its disastrous economic state has changed little. Bill Mitchell looks at the nation that purportedly turned the corner. Read here
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