Economics and politics - comment and analysis

The great advantage of the European Monetary Union

Cross-posted from Brussels Morning
Many German economists still blame the European Central Bank (ECB) for doing what central banks normally do, namely providing monetary conditions that are conducive to growth and development.
Particularly damaging for the public debate on how to exit the corona recession are the constant warnings by many economists and some doomsday prophets that the aggressive monetary policy within the monetary union risks triggering imminent and dramatic inflation throughout Europe. …

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Heiner Flassbeck on Trump’s Tariffs Trade War

Heiner Flassbeck gave an interview to the Real News network yesterday. What is Trump up to now again? Understandably, many Americans (and others) are anxious about Trump raising tariffs on steel and aluminium. Flassbeck first relatives the impact of Trump’s measure and he goes on to propose a framework to make ’free’ trade work for everyone involved. …

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