1. It would better for the speculators to stop their futile attempts to profit from pressuring the Bank to raise rates and end its bond-buying program. 2. The Bank will not cede to this pressure, […]
There was a Financial Times article recently (January 8, 2023) – Monetary independence is overrated, and the euro is riding high – from Martin Sandbu which strained credibility and continues the long tradition of pro-Euro […]
While the rhetoric from governments, business and ‘freedom’ commentators seems to be that the pandemic is over or was never really a big deal anyway and was played by people who want to control us […]
Central bankers are interested in furthering corporate interests, not a just society Read Here
The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed […]
Bill Mitchell tells us how Japan’s fiscal and monetary policies demonstrate the dishonesty of mainstream economic theory. Unemployment is not the cure for inflation. Listen here
At the end of 2021, low- and middle-income economies owed 61% of their public and publicly guaranteed debt to private creditors — an increase of 15 percentage points from 2010 Read Here Photo: Jim.henderson via […]
Neoliberalism has perverted the way we manipulate the powers of our economic institutions in such a way that we benefit the elites more than the rest. These are essentially the same institutions that the Japanese […]
International economic data suggests the supply drivers of inflation may be abating. Read the article HERE.
Despite the claims and heralding that the IMF was becoming an enlightened institution, nothing has changed. Its practice of death and destruction is alive and well in Washington D.C. (where else?) Read Here
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