The ECB keeps repeating that it is on a path of monetary policy “normalisation”. But what is behind this phrase and why does the ECB like it so much? I argue that it currently functions to deceive and legitimise the potentially severe effects of policy rate hikes.
Every time financial issues com up they become bogged down in controversy and then fade away. We have seen this with the transaction tax, tax evasion, and now money laundering. Read here
Norway’s centre-left opposition parties are on course to win a majority in parliament after Monday’s election and will now negotiate how to form a coalition, with climate change and a widening wealth gap expected to […]