Mody’s analysis is not new, but cannot be repeated often enough. The Euro was a project that should never have occurred, and was organised by those who had ulterior motives, not the well-being of their citizens.
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Economics
Bill Mitchell: The coronavirus will redefine what currency-issuing governments can do – finally
The ideologues are giving way to the pragmatists in the policy space Read here
Economics
Thomas Fazi, Bill Mitchell – For MMT
Leading proponents of Modern Monetary Theory respond to Tribune’s recent article on the topic, arguing that socialists should not be afraid to “seize the means of production of money.” See also the article to the […]
Economics
Eurostat: 2 Euro nations have over 20% inflation, another 7 over 10%
Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May according to a flash estimatefrom Eurostat, the statistical office of the European Union. Read Here
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