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 also much (and wrongly) discussed in the media, to show why it is almost impossible to return to moderate inflation anywhere in the world using the orthodox means of monetary policy.
Geopolitics
Middle East Eye: Secret Iran-US talks on Gaza war undermined by Raisi death
Sources close to the discussions in Oman tell MEE that the delegations spoke about ending Israel’s war and a shared desire for a change in Israeli government. Read HERE Iran’s late president Raisi Photo: Azerbaijan […]
Economics
Bill Mitchell: US labour market – floundering now despite modest gains
Things are not going much better on the other side of the Atlantic. Clearly, the 20.7 million job loss in April has not yet been reversed. Given the loss of payroll jobs in March and […]
EU politics
Global Finance: Auditing The Auditors
Recent audit failures are bringing new scrutiny to the dominance and business practices of the Big Four accounting firms. Read here
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