“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
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Bill Mitchell: Euro area inflation is not accelerating out of control
Austerity
The Guardian: UK government warned over sharp rise in child and pensioner poverty
One in five of the population of the UK live in poverty – this includes 8 million working-age adults, 4 million children and 1.9 million pensioners. The not surprising news is that much worse is […]
EU politics
Bill Mitchell: Europhile reform dreamers wake up – there will be no ‘far-reaching’ reforms
EU reform. There is much talk about it, but it does not happen. Bill Mitchell explains why it will remain so. Read here
Economics
France 24: Haiti’s colonial debt burden sparks debate — but official silence
A newspaper expose has reignited debate over the ongoing legacy of debts that Haiti was forced to pay to former colonial ruler France in the 19th century — but the country’s elites are surprisingly keen […]
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