Page 39 - Paul Samuelson News Today

Jun 12, 2021 The fiscal expansion in the United States in response to the COVID-19 pandemic is like nothing seen outside of wartime. Further large-scale public spending will be required to rebuild needed infrastructure, tackle climate change and create jobs. But some prominent economists are warning that government spending on such an extraordinary scale could fuel accelerating price growth and cause inflation expectations to become unanchored. For more than three decades, expectations...

Ejinsight 20210611-Will-China-save-the-US-from-inflation-fears? Hkej ejinsight.com

The Federal Reserve Bank of Atlanta warned last month that the US might be headed toward an inflationary episode on par with the period following World War II, when the release of pent-up demand fueled a 20% surge in prices. But China's efforts to stabilize commodity prices should help to avoid a worst-case scenario.

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In a nutshell, imperialist conquests showed that brains would rule over brawn: a stark truth that got still starker with time

Why are Arabs so powerless when it comes to Israel? Israelis have long known that the brain will rule over brawn, a fact that some Arab rulers are only just discovering. An hour ago Demonstrators with Palestinian flags stand before a banner showing the flags of Arab League member states. | Jaafar Ashtyeh / AFP For a terrible 11 days in May, the world watched hellfire rain upon the world’s largest open-air prison camp, otherwise known as Gaza. The dazed, bleeding survi...

Israelis have long known that brain will rule over brawn, a fact that some Arab rulers are only just discovering.

The Daily Star newspaper recently announced on its front page, "COVID Vaccines. One Lakh Pfizer Shots to Arrive Next Month" (May 19, 2021). This news obviously comes at a good time for Bangladesh as it struggles to find more vaccines for the nation of 160 million people.

Unfortunately, Larry Summers still gets attention, most recently for inflation hawkery. Fortunately, it's not hard to see through him.

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