Here is all that inflation is: You take all the prices that you can observe, and you average them in some way — and there’s debatable choices you have to make in averaging them, in designing your standard basket of goods and services — and that’s inflation.
A new study finds insecurity and precariousness is widespread across the economy. Read the article HERE.
In this typically lengthy article Mitchell reviews how and why Germany is imposing its economic policy upon Europe. Read here
The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s biggest economy, experienced a fresh setback in June as output and new orders declined at a faster pace, a survey showed […]
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