From time-to-time historically, national authorities have resorted to financing by their central bank to cover budget shortfalls. Another word for this is monetization of debt or deficit-financing by the central bank. mehr hier
In certain parts of the world, housing prices have risen much faster than household incomes,making home ownership increasingly more difficult for the average Joe. Using data from Demographia published in 2020, this graphic from Visual Capitalist’s Carmen Anglooks at some of the world’s most expensive housing markets.
“So, all those people who say there’s nothing to worry about, there’s no inflation, look what’s happening to labor costs. Look what’s happening to oil prices. Bond yields are rising despite weaker than expected economic data. All of this smells like stagflation. But the market doesn’t care because everything is … > weiter lesen