“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
Read here
Bill Mitchell: Euro area inflation is not accelerating out of control
Fake News
Bryce Greene: Hyping Ukraine Counteroffensive, US Press chose Propaganda over Journalism
A blow-by-blow account of how the big US media outlets failed utterly in its reporting on the Ukrainian counteroffensive. In ‘Fair.org’. Read the article HERE.
Finance
Quartz: A Nobel-winning economist’s guide to taming tech monopolies
The question of how to break up tech monopolies is one of the most pressing currently. Jean Tirole provides some important ideas. Read here
Economics
Heiner Flassbeck: ECB rate hike: a data-based approach that ignores the data
The remarkable inflation policies of the European Central Bank (ECB) Read HERE
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