Posts with Keyword “inflation”
27 Oct 2021 · Lack of checks and balances in the Chinese system makes course correction more difficult, which led to today's housing bubble. Fortunately, China has an opportunity to deflate the bubble, but the rule of law must be implemented for long-term stability.
The Road to Hell Is Paved with Good Intensions: Progressive Social Programs Can Spell the End of USD Hegemony
18 Feb 2021 · Money-printing to fund social programs can be worse for the hegemonic status of USD than money-printing to inflate asset bubbles and to fund foreign wars.
That's all for now.