Central banks took the wrong end of inflation
SAO PAULO | By Marcus Nunes | An alternative, which has been proposed by people like Krugman and Blanchard, is for the central bank to increase the inflation target.
inflation
Inflation paranoids have nothing on Ben Bernanke
SAO PAULO | By Marcus Nunes | Despite all the Quantitative Easing charges, there’s simply ‘no inflation to be seen since the ‘recovery’ took-off four years ago.
The boogeyman of inflation
MADRID | By Luis Arroyo | An economic recovery green shoot will still need some help to survive, but the ECB remains too biased towards inflation contention.
The presumption of US resumption of growth
SAO PAULO | By Marcus Nunes | This “resumption of growth” view has spread like ‘bush fire’. But why?
Austerity for all isn’t working
By Alex Biddle | Generalised austerity doesn’t work. Austerity politics is being driven by the fear of inflation, which is not the underlying problem to the current economy.
Europe’s still scared of inflation
By Carlos Díaz Guell | While the German chancellor refuses to give in to the growth pact for which half of Europe sighs, Hollande leads the southern countries’ complaints, very aware that France’s economic stand is getting weaker by the quarter. It’s inflation’s fault.
Liquidity demand and the inflation horror
The Federal Reserve is hoarding Treasuries, interest rates in the US have plummeted and the inflation menace overhangs like a large knife above the American economy. Not at all, points out economist Luis Arroyo.
Prices in the EU: still stable
Inflation in the euro area remains anchored at 2.4 percent, although differentials between countries are growing. Analysts at CaixaBank warn governments about raising VAT rates to increase income.
“Eurozone’s institutional failure does not allow it to deal with financial crises”
Economist Ricardo R. Reis expects “better policymaking from the European authorities now.” Originally from Portugal, Reis teaches at Columbia University, he is a former graduate from the London School of Economics and Harvard Ph.D and has worked extensively on inflation dynamics and monetary and fiscal policy, including evaluation of fiscal stimulus programs. He gives his take on the current economic turmoil for our readers in the first of a summer…
Why on Earth is Mervyn King still governor of the Bank of England?
By Luis Arroyo, in Madrid | Central bankers are incapable muppets covered with majestic pomp. The crisis has unveiled their naked, sad truth but what keeps them on their feet is that most people do not bother to properly scrutinise what they do and what they say. Crisis Maven is a blog devoted to analysing the words and actions of the Bank of England. It is a very curious case, that of…