“The job of the central bank is not to set the current level of inflation, but to keep wages down by influencing people’s expectations of the future level of inflation.”
Read here
Frances Coppola: Why central bankers don’t understand inflation
EU politics
CNN – Libya: People for sale
Slave trade in Libya. Thank you EU. Thank you Angela Merkel. Thank you Germany. Thank you Hilary Clinton. Thank you capitalism. Making the EU safe for neo-liberalism! Read here
EU politics
Nick Shaxson: Britain can’t prosper as a tax haven. It has to stop these hollow threats
There is nothing good to be said about tax-havens, except by those very few that profit from them. Britain’s threat to become Europe’s turbo tax-haven, should it not receive a good deal from the EU, […]
Finance
Jeremy Corbyn: The Cost-of-Living Crisis Demands That We Democratize the Economy
Bring basic resources like energy, water, railways, and the postal service into democratic public ownership, writes the former Labour leader. Read the article HERE.
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