For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever.
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Energy
Gizmodo: China Considers Ban on Cryptocurrency Mining Because It’s a Stupid Waste of Energy
No one talks about the environmental impact of e-technology, e-finance, and e-commerce. Also see our article here concerning music streaming. Read here
Economics
Bill Mitchell – Repeat after me: Central banks can make large losses and who would care
All central banks that issue a sovereign currency: They can never go broke and could operate without problems with permanent negative equity. They are not profit-seeking companies owned by shareholders. They are part of the […]
Economics
eu observer: ECB rate hikes see corporate loans drop to record low
The ECB and the EU, both being pressured by Germany demands for austerity, are pushing the EU into a recession Read HERE Photo: ECB/Flickr
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