In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, only the elephant does not appear. Even if in a china store with an elephant – to use a German elephant image – the cups just tumble off the walls, people tend to believe in an earthquake rather than in the role of the elephant.
Economics
Bill Mitchell: Taxation is an indispensable anti-inflation policy tool in Modern Monetary Theory
Tax rate changes can be used to manipulate spending Read Here Photo: MarkBuckawicki available under the Creative CommonsCC0 1.0 Universal Public Domain Dedication
Finance
Mitch Feierstein: Google, Amazon, Facebook & Twitter are evil
The Big Four tech giants control most of the world’s information flow, drug and food supply. Google and Facebook tried to manipulate the recent presidential election by prioritising, and sometimes burying content altogether. Throughout the […]
Economics
DeStatis – Germany: Highest inflation rate in 71 years
Consumer price index, October 2022 +10.4% on the same month a year earlier (provisional result confirmed) +0.9% on the previous month (provisional result confirmed) Harmonised index of consumer prices, October 2022 +11.6% on the same […]
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