In its quest to become a ‘normal’, ‘acceptable’ party, Die Linke has joined the warmongering radical centrists in their rearmament folly
Economics
Bill Mitchell: Inflation is not necessarily due to excessive spending
What a lot of people do not fully grasp. Inflation can be driven by administrative decisions and can be curtailed or restrained by varying those decisions. Read here Hyperinflation in the Weimar Republic
Economics
Bill Mitchell: ECB demonstrates that groupspeak is not dead in Europe – the denial continues
The EU has bound themselves up so tightly in their ‘framework’ and rules and jargon that the – Eurosclerosis – of the 1970s and 1980s looks to be a picnic relative to what besets them […]
Economics
Bill Mitchell: Bundesbank remits record profits to German government while Greek health system fails
This is the advantage of being the EU and euro hegemon: you are always the winner. This does not stop the Germans from complaining that the European Central Bank is ruining their economy. Never a […]
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