Since the onset of the 2007-2008 global financial crisis, the US Federal Reserve and the European Central Bank have pursued unprecedented monetary expansion in an effort to stem record-high unemployment and stimulate economic recovery. Should financial markets fear the inflationary risks implicit in such measures? Or should they hope for moderate inflation as a spur to credit and investment?
The Democrats Committed Suicide This Year
James K. Galbraith
thinks the party has only itself to blame for losing the 2024 election on low voter turnout.
