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If you've booked any flights this summer, you've probably experienced some sticker shock. According to the travel booking site Hopper, domestic airfare is up 34% this summer compared to the same time...
Die Zahl der Lkw auf den Straßen übersteigt bereits den Stand von vor der Pandemie – und ein Ende des Booms ist nicht in Sicht. Schuld hat eine verfehlte Verkehrspolitik.
by Frank Shostak via Mises For most experts a key factor that policymakers should be watching is the ratio between actual real output and potential real output. The potential output is the maximum output that the economy could attain if all resources are used efficiently. In Q3 2020, the US real GDP–to–potential US real GDP ratio stood at 0.965 against 1.01 in Q3 2019. A strong ratio (above 1) can be of concern because according to experts it can set in motion inflationary pressures. To prevent the possible escalation of inflation, experts tend to recommend tighter monetary and fiscal ...
