inflation
Trump’s tariff threats could destabilize the global economy
Trump's protectionist policies threaten to radically unbalance the balance of payments and exchange rates throughout the world, preventing countries from earning the dollars needed...
“BE CAREFUL! This Is Serious…” – Richard Wolff’s Last WARNING
Dec 24, 2024
Richard D. Wolff is an American economist and professor emeritus at the University of Massachusetts Amherst. He is known for his critiques...
Price controls needed in cost-of-living crisis
By Isaac Nellist
September 4, 2023
You will undoubtedly have noticed the rapidly rising price of food on your recent grocery shop. According to the Australian Bureau of Statistics, food...
Cost of British food basics increases by up to 80% in...
Cheddar and budget sausages sold by Asda were highest risers, with supermarkets’ prices for oats and skimmed milk also soaring
By Sarah Butler
Apr 18, 2023
The...
Why the Banking System is Breaking Up
by Michael Hudson
March 13, 2023
The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy...
How Russia-Ukraine conflict could affect Europe
Source: Xinhua
May 3, 2022
As the Russia-Ukraine conflict rages into the third month with no sign of truce any time soon, the entire European continent...
Allies and Interests
By James Meadway
24 March 2022
The bonfire of so many illusions. Rishi Sunak, the UK Chancellor, star of his own soft-focus Instagram series, known as...
What’s Driving Higher Prices? Unchecked Corporate Power
The real reason for inflation is clear: the increasing concentration of the American economy into the hands of a relative few corporate giants with...
China Is Missing from the Great Inflation Debate
By James K. Galbraith
Mar 31, 2021
Once again, massive fiscal spending in the United States has invited warnings of inflation and triggered dark memories of...
A Universal Basic Income Is Essential and Will Work
by Ellen Brown
April 19, 2020
A central bank-financed UBI can fill the debt gap, providing a vital safety net while preventing cyclical recessions.
According to an...