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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.
Adam Smith, the legendary 18th century Scottish philosopher, coined the usage of this economics term
The concept in his book “The Wealth of Nations” was more about free trade than free markets
The world’s largest central bank isn’t in crisis, but it is losing money at the moment.
Some hard lessons from a hard three years.