Behind in GDP and ahead in inflation

Behind in GDP and ahead in inflation

As Nobel laureate Paul Krugman puts it, the Covid-19 recession has caused “surprisingly little” damage, all things considered (GDP, jobs, inflation, etc.). He basically refers to the US, but his lesson can be largely extrapolated to Europe as a whole; especially when he talks about “large-scale” public spending. There may be more doubts if the … Read more

The Fed joins left and right to warn of the inflation curve in the US.

The Fed joins left and right to warn of the

The Federal Reserve has managed to do something that is rarely seen in the US these days: get members of the Democratic and Republican parties to agree. At this year’s annual meeting of the American Economic Association, leading economists from both sides of the political spectrum argued that the Federal Reserve is behind the curve … Read more

The Fed joins left and right where it lags behind to face inflation

The Fed joins left and right where it lags behind

Bloomberg – The Federal Reserve has managed to do something rarely seen in the United States these days: bring members of the Democratic and Republican parties together. At this year’s annual meeting of the American Economic Association, leading economists from both sides of the political spectrum argued that the Federal Reserve is behind in the … Read more

From the School of Salamanca to Friedman: money is the cause of inflation

From the School of Salamanca to Friedman money is the

The wise men of the Salamanca School four hundred years anticipated the idea of Milton friedman: inflation is a monetary phenomenon. Now that, according to many say, “inflation returns”, perhaps it is convenient to review what has happened to money. First of all, let’s clear up the equivocation of the return: Inflation does indeed appear … Read more

Cornered by inflation, the Federal Reserve will accelerate the rate hike

Cornered by inflation the Federal Reserve will accelerate the rate

The Federal Reserve decided to swerve in its – until then, silent – fight against inflation by giving signs that it will begin to adjust the economy. After a two-day meeting where the Fed governors meet, the maximum exponent (which had been involved in a sea of ​​criticism for its actions) of the central bank … Read more

Is 2022 better or worse ?: What are the expectations about GDP and inflation if the agreement with the IMF is signed

Will next year be better or worse than 2021 for Argentina if it manages to sign an agreement with the International Monetary Fund (IMF)? The quantitative answer is simple: no; it will be a year with lower economic growth and higher inflation, with a fall in real wages. All the cannons of the Government are … Read more

“Do not panic about inflation in the United States”

1636756499 Do not panic about inflation in the United States

«There is no need to enter punique for the inflationary process announced this week, “said Paul Krugman, Nobel Prize in Economics, in an opinion article in the newspaper The New York Times. Krugman, an American academic, indicated that the “consumer price report on Wednesday, November 10, was ugly; inflation is being much higher than many, … Read more

Minimum wage for next year would increase more than 6%, driven by inflation

1636348735 Minimum wage for next year would increase more than 6

A key factor when arranging the minimum salary For next year it is caused by inflation, which has been on the rise since April, after the shock of the national strike and after rises in the prices of food and raw materials, due to internal and external factors, such as problems in the international logistics … Read more