Why Interest Rate Rises Are Fueling Inflation | naked capitalism
Yves here. Richard Murphy presents a provocative analysis on the role of interest rates in inflation. I’m not convinced, since I assume most businesses try to have a fair bit…
Yves here. Richard Murphy presents a provocative analysis on the role of interest rates in inflation. I’m not convinced, since I assume most businesses try to have a fair bit…
Yves here. Readers had fun yesterday shellacking an article that argued that war spending, in particular on the Ukraine misadventure, was good for growth. The piece today questions a recent…
Spain is one of the European economies that was hardest hit by the COVID-19 virus crisis, in part because of its huge dependence on tourism. In fact, according to figures…
Summer solstice 2023 marks longest day in the Northern Hemisphere as Earth’s seasons change Space.com. A bit late on the solstice, but I like this photo: Tokyo residents find comfort…
We are running this post as a public service announcement of sorts. The short version is if you have an infection that does not respond to antibiotics, immediately and loudly…
Yves here. We’ve been amplifying the considerable work of Eileen Appelbaum and Rosemary Batt on the way that private equity controls big swathes of hospital operations to their profit and…
Yves here. Welcome Satyajit Das as he continues his in-depth examination of what it would take to reach a much-ballyhooed green energy future. Many of you were keen about his…
Yves here. While climate change skeptics might try tired “a single robin does not make a spring” sort of arguments, we’ve seen an awful lot of robins. The latest could…
Yves here. One of my conservative friends gets extremely agitated on the topic of a gas stove ban. She fulminates that the stereotypical CNN/MSNBC watcher who supports this restriction eats…
Yves here. Evidence is mounting that the US and other advanced economies are failing to provide adequate levels of what have come to be considered essential services, like reliable power,…