Trump’s win highlights popular anger in the US, Japan, and Europe over the economy despite high stock prices and low unemployment
Read more...Some detail on the French government crisis and what the next moves may be.
Read more...The firehose of affluent consumption continues to drive inflation, not the stimulus package
Read more...US presidential candidates promise policy choices but have little room to manoeuvre. Ergo, politics turns into a contest like American Idol
Read more...The Fed has little to do with the fall in inflation. Limited labor bargaining power and easing supply chain problems were more important.
Read more...As the Fed unloads Treasuries, others are purchasing them…including foreign central banks.
Read more...The Fed’s half point rate reduction was unseemly large. What gives?
Read more...A big reason Modern Monetary Theory elicits pushback is that it threatens power relations, specifically, the perceived primacy of financiers.
Read more...Mario Draghi calls for Europe, decimated by self-inflicted energy crisis and social austerity, to go on borrowing spree to pay for endless fight against Russia.
Read more...Unpacking why the obstacle to preserving the welfare state is not national income or demographics but rentiers increasing their take.
Read more...Michael Hudson and Richard Wolff take apart widespread myths about Federal spending and debts.
Read more...The Skunk Party Manifesto explained how the best political system money can buy is great for its customers and lousy for the rest of us
Read more...Are both parties set to continue stimulative fiscal policy, leaving Powell or a successor to reapply the monetary policy brake?
Read more...Debunking yet another appealing-sounding but elite-serving idea, here the premise that savings is always good and more is better.
Read more...US and Fed bad cooking has led to weak growth the world, and by urging poor countries to borrow at once-low rates, debt distress.
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