The entire Bitcoin network now consumes more energy than a number of countries, based on a report published by the International Energy Agency.
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Digiconomist: Bitcoin Energy Consumption Index
Economics
Bill Mitchell: The current inflation trajectory still looks to be transitory
The current inflation is transitory and a result of the Corona disruptions. That said these same disruptions appear to be returning, so this is long from over. Read here
Economics
Heiner Flassbeck, Patrick Kaczmarczyk: Argentina and Turkey: Two very different countries, the same problem
In this article, we want to ask the simple question of how Argentina’s central problem, extremely high inflation, is to be tackled by the “markets”. Thereby, we use the contrasting example of Turkey, which is […]
Economics
Energy Monitor: The EU is paying the same amount for 75% less Russian gas
Over the past year, Russia has cut gas exports to the EU by 75%, violating long-standing supply contracts. Yet the EU is paying as much for Russian gas as it did before prices rose last […]
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