Be careful to not confuse the celebrity talking heads or scaremongering gurus for economists. They are not economists. Accountants, financial advisors or just media tarts/promoters, perhaps. What is has happened is quite consistent with economic ...

Fed under pressure as US inflation climbs

Europe doesn't have enough bureaucrats?

ECB and US CPI in focus

No, inflation means that if you pump enough money into any economy, however slack, prices will usually increase, but more importantly, relative to each other - things people value the least (on the margin) often increase in price the most. Don't ask ...

BoC's Lane: It's likely that the rise in underlying inflation means the economy has less slack...

Each to heir own. I think that the house is all rather prosaic.

After a dramatic seven-year renovation, an $87 million mansion hits the market in Bel-Air

"sentencious left" was a new word; I thought you might have meant sanctimonious. Then I looked up sententious and the difference is subtle.

French President Emmanuel Macron slapped in face, two people arrested

Yeah, I reckon so. I've been saying this for some time now. Why stop grinding out fake money when its been working so tremendously. Like, who isn't getting fabulously rich?

Fed under pressure as US inflation climbs

Inflation in the country, or in this case a union, imposing the tariffs. Then, countries importing from EU will also register those price increases, albeit secondary. In the meantime, productive resources are diverted from their optimal use to ...

EU Commission VP Sefcovic: Our patience is wearing thin with the UK, we do not want...

Is installing ransomware protection too complicated? No, its not free. You get what you paid for, in general.

U.S. Suffers Over 7 Ransomware Attacks An Hour - It's Now A National Security Risk

So, the EU wishes to impose tariffs and quotas. Everyone loses, with certain exceptions. Hello, Elites. edit - such measures also contribute in no small measure to inflation, nearly by definition, but also in many other ways. I digress.

EU Commission VP Sefcovic: Our patience is wearing thin with the UK, we do not want...

As China becomes increasingly belligerent, it is abundantly clear that Australia (and perhaps other countries - are you listening?) ought to reduce any reliance on China and develop new markets. Yes, plenty opportunities exist. In increments, as is ...

Australian prime minister slams China over trade bullying

Thanks for those links. I think it is all rather disingenuous of them to make such brash statements about something that they clearly do not even come close to having thought about on any meaningful level. How does this make those people who are ...

Wealthy Americans are moving from high-tax states, report says

Central banks are institutions of mass destruction. Why on earth would a government consult and collaborate with such a fierce beast?

Japan: The Gov Would Collaborate With BoJ To Revitalize The Economy To Prevent Deflation

Only one trillion? Up only 20% ? Where's the rest? And what about that confounded multiplier? Is that all America gets for the biggest ever binge in history? Clearly this is not enough. Pres Biden must surely announce more ongoing stimmy measures, ...

Flush With Stimulus Cash, Consumers Are Spending More: BofA CEO

Its just common sense, and has been well known in public policy circles since people started to think. On the other hand, it did take an economist, Arthur Laffer, to actually formalise the notion that if an Ineptocracy imposes a too high a ...

Wealthy Americans are moving from high-tax states, report says

Central banks each have some charter in some form or another. To generalise in a precis (both dangerous things to do), to maintain inflation within tolerance limits whilst facilitating employment and growth. I ain't gunna listen to this unless it is ...

Powell, Lagarde: Green Swan Conference 2021

Huh?

The Employment Situation -- May 2021

At last count there were 195 countries in the world. Edit - subject to one's definition. There could be 50 or so more, who knows. Some countries may not even have a general corporate tax, so who is anyone to tell them that they should? eg, Monaco? ...

Canada's Finance Minister Freeland: I support the idea that a global corporate minimum tax...

What does "likely" mean, exactly?

SNB's Jordan says global inflation pickup likely temporary

I'm waiting for news about when the economy returns home from hospital and checks his email and bank statements.

ECB's Knot: The European economy is gradually emerging from the pandemic

I wonder if the term "inflation denier" will ever be allowed to be used in the presence of pleasant and agreeable company?

Think Inflation Is Bad Now? Let's Take A Step Back To The 1970s