Energy Tycoon Wipes out Ortho Dogma – Cost of Living, Levelling Up and the Windfall Tax

unemployment down, vacancies up, wages down, inflation up, universal credit down, national insurance up - Cost of Living Hits Hard. Hard Enough to Find Money in a Windfall Tax?

The Economist : Korsett der Schwarzen Null raubt der Ampel den Atem

The Economist's Sonderbericht zu "Deutschland nach Merkel" hat was besonderes. Deutsche Medien lesen hier eine "eiskalte Kritik" an deutscher Selbstgefälligkeit und Reformunfähigkeit. Doch letztere sieht The Economist heutzutage in der polarisierten US, Brexitland und praktisch weltweit. Was hier überlesen wird ist dass im Gegensatz zu den relativ hoffnungslosen Anglo Ländern Deutschland als Tragigkomödie daherkommt... >>>Bild klicken um weiterzulesen<<<

CBDC Govcoins – Has The Economist unveiled the endogenous engine of capitalism?

Not quite. More like 101=404. Classical effort = Error not found. Missing as ever : The Money. “Economic action cannot, at least in capitalist society, be explained without taking account of money, and practically all economic propositions are relative to the modus operandi of a given monetary system,” Joseph Schumpeter 1939 The Economist special report 2021 The … Continue reading CBDC Govcoins – Has The Economist unveiled the endogenous engine of capitalism?

Inflation? Inflation!

inflation always monetary? - mainstream and hetero theories of inflation, how to measure inflation - decompose observed inflation into its monetary, demand-pull, cost-push and structural components - Inflation is a monetary and redistributional phenomenon

INFLATION

monetary phenomenology portal page on INFLATION inflation - What is it?gm pages, postsupdated articles etc Inflation – what is it ? Milton Friedman told us: “Inflation is always and everywhere a monetary phenomenon”. But is it? QE-forever seems to suggest this can’t be right. Freedman’s inflation has been in trouble.  But has it? So what is … Continue reading INFLATION

Head Scratching Inflation

"Inflation ... has left many observers scratching their heads as to why the current level ...  does not match the current state of the real economy ..."  said ex ECB board member Sabine Lautenschläger in a recent speech.   The Economist discerns "strange new rules", devotes a  special report to "The End of Inflation?" and concludes that inflation is … Continue reading Head Scratching Inflation