The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed and full of vested interest agendas.
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 […]
EU politics
Owen Espley – Why McDonald’s workers are on strike today
Working people shouldn’t have to rely on benefits to get by. This is simply a subvention from the UK government. The Nanny State coddling international corporations. Read here
Economics
DeStatis – German Recession: Inflation rate of +2.6% expected in December 2024
Germany’s inflation rate has risen for the third consecutive month, signaling ongoing price pressures in the economy. This marks a continued trend of rising costs for goods and services. Inflation rate in Germany rises to […]
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