Technocrats have used QE to deliberately inflate asset bubbles. They have never publicly condemned or constrained asset price inflation.
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Climate Crisis
Transport & Environment: MEPs opt for weak car targets in blow to affordable EVs and the climate
EU Parliament must support more ambitious 2030 target and interim 2027 goal to drive down electric car prices and help countries cut their transport emissions. Read Here
Economics
Bernie Sanders intros ‘Stop Bad Employers by Zeroing Out Subsidies (BEZOS)’ bill
This is an interesting idea, but rather complicated. Would it not be simpler to increase the minimum wage? Read here
Austerity
Bill Mitchell: ECB confirms monetary policy has run its course – Part 1
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
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