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.
Economics
Jerome Roos: Rentier capitalism does not come with a reset button
Monopolisation, profit without purpose and social corrosion are not accidents – they are inherent, and ever more pronounced, factors of the system itself. Read here
EU politics
Asean News: Berlin Court Convicts Activist for Leading pro-Palestinian Chant
In a controversial decision, a Berlin court has convicted pro-Palestinian activist Ava Moayeri of condoning a crime for leading the chant “from the river to the sea, Palestine will be free” at a rally in […]
Austerity
Sergio Cesaratto: Interview – Will Italy destroy the Eurozone?
“Europe’s problem is the German élite’s mindset, informed by a mercantilist model that insists on domestic wage and fiscal moderation.” Read here
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