“The job of the central bank is not to set the current level of inflation, but to keep wages down by influencing people’s expectations of the future level of inflation.” Read here
Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European […]
This is a talk by Frances Coppola in our series “Economics beyond the Swabian hausfrau” in Berlin on 13 February 2019. Begins at 1:05
In the aftermath of Davos, we’ve learnt that that gathering is a busted flush… Not least, because billionaires don’t ever bite the hand that feeds them. This hand is an economic ideology called ‘neoliberalism’ – […]
A bit technical, but with a little help from your search engine a very interesting article. Read here
Most developed nations are capable of using their own currency to pay for exports, thus having a better chance of managing its debt in foreign currencies. This is not true of developing nations according to […]
This is an interesting contribution in our ongoing debate about Modern Monetary Theory. Frances Coppola is the author of the Coppola Comment finance and economics blog, a contributor to Forbes and the Financial Times and […]
The Greek people have just lived through a Depression as deep as the Great Depression and considerably longer. It is now the greatest recorded peacetime Depression. Read here
Tensions arising between central banks and governments in the Eurozon, in response to attempt by governor of Central Bank of Ireland to dictate fiscal policy Read here
A brilliant piece that demonstrates that the Swabian Hausfrau may be very efficent for the household, but has nothing to do with national finances. Read here
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