To Solve Inflation, First Solve Deficits, This Theory Advises
Economy Capital Account Expect to hear more about the fiscal theory of the price level as governments struggle with rising debt and inflation [ad_2] Source...
Some Republican senators are talking openly about Social Security cuts
If a Republican-controlled Congress comes for your Social Security benefits in the next few years, don’t say they didn’t warn you. They did. Sen. Mike...
Janet Yellen’s Learning Curve – WSJ
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to...
China Nods to Even Tighter Ties With Russia in Xi Jinping’s Third Term
World Asia China Beijing eager to deepen relationship with Moscow ‘at all levels,’ China’s foreign minister says in call with Russian counterpart [ad_2] Source link...
U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government
LONDON—In late August, Bank of England Gov. Andrew Bailey was at a symposium in Jackson Hole, Wyo., when a New York University economist flagged a...
Jamie Dimon says stopping oil and gas funding would be ‘road to hell for America’
“Stopping new oil and gas funding? ‘That would be the road to hell for America.’” — Jamie Dimon JPMorgan Chase CEO Jamie Dimon resoundingly assured...
China slams US Senate bill supporting Taiwan’s defense
BANGKOK — China’s Foreign Ministry accused the United States of violating its commitment to the “One China” principle and interfering in internal Chinese affairs Thursday,...
‘Why shouldn’t it be as bad as the 1970s?’ Historian Niall Ferguson warns the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only worse.
“‘I’m going to go out on a limb: Let’s consider the possibility that the 2020s could actually be worse than the 1970s.’” — Niall Ferguson,...
America Could Face Its Own Gas Crisis, or Worsen Europe’s
The summer heat isn’t quite over in the U.S., but a peek at domestic natural-gas stockpiles is a chilling reminder of price spikes that could...
China, India, Syria and others to link up with Russia next month for sweeping war games
MOSCOW (AP) — Russia said Monday it will launch sweeping military drills in the country’s east that will involve forces from China — a show...