When global inflation started to rise in late 2021, I predicted that macroeconomists would go through progressive stages of mourning. Remember Team Transitory? That was the stage one — denial. Then ...
While not obvious, it is amazing, and a bit concerning, how great an impact monetary policy has on our lives. Decisions that ...
There is reluctance among European Central Bank policymakers to follow the U.S. Federal Reserve's move to target an average inflation rate, fearing this could tie their hands, sources involved in a ...
In an increasingly digital environment where data and advanced analytics challenge traditional economic modeling, the Bank of England is applying a fusion of machine learning (ML) with economic theory ...
Understand seigniorage, how it's calculated, and its effects on inflation. Learn how governments use it to manage revenue ...
The presumption that wages determine inflation is based on the work of 20th-century economist A.W. Phillips, who claimed to ...
Regular listeners of this podcast might recall an episode we did a few years back on Modern Monetary Theory. MMT is the economic theory that basically says a country that controls its own currency can ...
We'll cut right to the chase: This video of Stanford Professor Andrei Linde finding out about yesterday's big discovery of "smoking gun" evidence of cosmic inflation (the "first tremors of the big ...
Prices in the UK rose by 3.8% in the 12 months to August, pushed up by steeply rising food prices. The overall figure remains the same as last month, meaning inflation is still at ...