Economic fundamentals

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Applications for New Businesses Have a Double-WTF Moment

Published by Anonymous (not verified) on Sat, 17/04/2021 - 7:02pm in

Federal data says new businesses are being formed in droves. But PPP fraud complicates this otherwise positive picture.

How China Is Offering an Alternative to the IMF

Published by Anonymous (not verified) on Fri, 16/04/2021 - 7:45pm in

China has been setting up currency swap lines with many countries. But is this an idea that is ahead of its time?

Inflation in the Aftermath of Wars and Pandemics

Published by Anonymous (not verified) on Thu, 15/04/2021 - 11:55pm in

Challenging the conventional wisdom that government responses to Covid will generate inflation.

Michael Hudson: America’s Neoliberal Financialization Policy vs. China’s Industrial Socialism

Further discussion of the American and Chinese economic models, focusing on financialization as a central distinction.

Lessons from the First New Deal for the Next One

Whether it is called “Build Back Better” or a Green New Deal, it is imperative to reject the false dichotomy of “jobs against climate.”

UNCTAD’s Richard Kozul-Wright on the Post-COVID World Economy: Out of the Frying Pan… Into the Fire?

Kozul-Wright warns that for a sustainable Covid-19 recovery, it is key to abandon policies that concentrate economic power and wealth

Michael Hudson Asks Our Readers: If Democracy Winds Up Creating Financial Dominance, What Do We Call China?

Michael Hudson seeks reader input on what to call modern governments not run by traditional nobles or financial interests.

Why the Government Bonds Owned by the Bank of England Are Not a Debt Burden, Even When They’re Repaid

Published by Anonymous (not verified) on Sat, 03/04/2021 - 9:18pm in

A short discussion of government bonds and what happens when a central bank holds them.

QE During the “Everything Mania”: Fed’s Assets at $7.7 Trillion, Up $3.5 Trillion in 13 months

Published by Anonymous (not verified) on Sat, 03/04/2021 - 9:04pm in

Trying to make sense of what the Fed is up to.

The ‘Roaring Twenties’ and Covid Recovery: Revisiting the Evidence for Europe

Published by Anonymous (not verified) on Sat, 03/04/2021 - 12:55am in

Are the Roaring Twenties an analogue for what a post Covid economy would look like?