This is an interesting idea, but rather complicated. Would it not be simpler to increase the minimum wage?
Read here
Economics
Bill Mitchell: The transitory inflation conjecture gains even more data credence
International economic data suggests the supply drivers of inflation may be abating. Read the article HERE.
EU politics
BBC: Finland’s economy minister resigns after 10 days over Nazi references
The EU has become a breeding ground for Nazis as state leaders. Vilhelm Junnila, of the far-right Finns Party, quit amid a new furore over comments he made in parliament where he said a solution […]
Economics
DeStatis – German Recession: New orders in manufacturing in November 2024: -5.4% on the previous month
New orders in manufacturing: November 2024 (in real terms, provisional): -5.4% on the previous month (seasonally and calendar adjusted) -1.7% on the same month a year earlier (calendar adjusted) Read HERE
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