Inflation targeting ain't broke so let's not try to fix it
We've had less economic volatility and better performance since inflation targeting so let's get back to target and stick with it. Read on.
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We've had less economic volatility and better performance since inflation targeting so let's get back to target and stick with it. Read on.
Neoliberalism represented a multi-faceted, deliberate, global strategy by elites to turn the whole ship around. A generation later, it is sobering to consider how successful that strategy has been. As Jim Stanford explains, it has clearly empowered and enriched corporations and those who own them, and put workers on the defensive everywhere.
“They own assets all over the world, including property in Manhattan, utilities in Chile, international airports, and the high-speed railway connecting London to the Channel tunnel. They have taken part in six of the top 100 levered buy-outs in history. They have won the attention of Wall Street, which considers them rivals, and institutional investors, […]
Do today’s politicians have the stomach? | Finance & economics
Kevin Carmichael sits down with governor of the Bank of Canada to discuss interest rates, inflation and lessons learned. Read the transcript.