Tag: Inflation

The U.S. national debt just passed $36 trillion, only four months after it passed $35 trillion and up $2 trillion for the year. Third quarter data is…

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Over the past three years, bank lending to productive industries — what we might call the “real economy”— has consistently declined, with 2023 seeing a…

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We face a very uncertain future in UK unless we adopt radically new ideas. Yet we have a government without inspiration, which repeats the same…

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So inflation fell again to 3.2 per cent as expected in March. Good news. We are now therefore closer to the 2 per cent target and…

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‘How financialisation heralds the end of the industrial age‘ is the name of a piece published by The Honest Sorcerer: A critic of Modern Times…

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For some tie, I have been arguing that inflation is driven by inequality. So I was fascinated to see the report that ‘Salary hikes are…

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Too much money chasing too few goods – that is the classic explanation for inflation. But for some reason we tend always to worry about…

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Once again, the media are scaring homeowners with the prospect of falling house prices this spring. I was expecting house prices to fall similarly back…

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When the dust has settled on the current angst, after inflation comes back down and economies re-emerge from their funk, the post-mortems will ask: how…

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When we designed our house 25 years ago, we explained to our architect that we wanted eight double power sockets in the kitchen.  Which turned…

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Most of us believe that the present recession will end.  They always have done in the past.  It will be a longer-than-usual process.  Which means…

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In a recent New York Times column, Paul Krugman argues that the core elements of inflation are not only groceries and gasoline, but also housing. Indeed,…

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