When ever there is high inflation it is used as proof that Modern Monetary Theory is debunked. This is the case in Turkey. The real culprit is the neo-liberal policy of the IMF
Economics
Bill Mitchell: The Ireland growth miracle is largely illusory and biasing Eurozone growth data upwards
Since the March-quarter 2008 (at the onset of the GFC), GDP has grown by 114.8 per cent. However, GNP has only growth by 71.1 per cent and Modified final domestic demand has only grown by […]
EU politics
Eldar Mamedov: Is the EU already trying to sabotage new Ukraine peace plan?
The goal appears not to be a better peace, but to hollow out the American proposal until it becomes unacceptable to Moscow Read Article HERE
Austerity
counterfire: Brexit and the left, two years on
Here is the take on Brexit by the British socialists: Read here
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