inflation
Latin American and Caribbean countries unite to counter inflation
The governments of ten Latin American and Caribbean countries will meet on Wednesday to discuss the best ways to jointly counter the scourge to their populations of the inflationary wave sweeping the world. The meeting is convened by Mexican President…
To Reduce Inflation, Control Corporate Profits
Everyone’s concerned about inflation these days. But politicians are blaming government benefits instead of rising inequality and corporate profits. By Sonali Kolhatkar “Inflation” is the new buzzword of the year. It is the reason for the Federal Reserve’s interest rate…
There Are Better Ways for Societies to Address Inflation Than by Hiking Interest Rates
A deafening silence defines “debates” among U.S. leaders about stopping or slowing today’s inflation. Alternatives to the Federal Reserve’s raising of interest rates and curtailing money supply growth are ignored. It’s as if there were no other ways to rein…
The Venezuela Myth Keeping Us from Transforming Our Economy
Modern Monetary Theory (MMT) is getting significant media attention these days, after Alexandria Ocasio-Cortez said in an interview that it should “be a larger part of our conversation” when it comes to funding the Green New Deal. According to MMT,…
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