Parallel Universe: US S&P 500 versus US economic surprise index (hat tip Bloomberg's Tracy Alloway)
Stagflation by Design: Policy Contradictions and the Return of the Pandemic Rescue Playbook
It used to be that recessions were accompanied by falling prices. Because of this few people realised that though prices in general ...
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Massive money printing and debt accumulation have gone on for something like 80 years, and the system has held together. Why should it end... -
GDP is the most common out-of-context stat used by governments to convince the citizenry that all is well. It is yet another stat that is... -
Governments resist austerity. Politicians buy votes with spending. But because they do not control their domestic currency systems in Euro...