Pathetic. Western Central Banks are leading the charge on the out-of-control inflationary spiral we witness today. They have done little – if anything to get a grip on skyrocketing prices. Real inflation has reached levels not seen since the 1970s; a cost of living crisis not seen since the 1930s. The Tories in the UKContinue reading “Inflation’s here to stay”
Category Archives: Monetary Policy
Elevating Eurozone growth
Fiscal policy refers to the government’s tax and spending policies. Looser fiscal policies refer to more expansionary fiscal measures, with tax cuts being a key fiscal measure that may successfully increase economic growth in the Eurozone. Income tax reductions for lower-income earners should successfully boost consumption within the economy. This is because lower earners haveContinue reading “Elevating Eurozone growth”
Declining homeownership
Homeownership levels in most developed countries have fallen over the past decade. In the UK, the rate of homeownership reached a peak of 73% in 2008; by 2017, this figure had fallen to 63%. The same phenomenon has been witnessed in similar western nations as in the US, it has fallen by 10% since 2008.Continue reading “Declining homeownership”
Inflation in 2022
Inflation is skyrocketing in most developed countries. In the US, inflation climbed above 8% in January for the first time since the 1980s; in the UK, inflation reached 6% in March 2022 – a first in 30 years. Whilst, the recent spike in prices can be attributed to a combination of supply chain shocks andContinue reading “Inflation in 2022”
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