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Inflation

July 19, 2023
Published by EPICENTER at July 19, 2023
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Greedflation?

The last three years have brought many old ghosts to Europe. The COVID-19 pandemic was the biggest health crisis since the Spanish flu, wars have erupted again on European soil after decades of peace, and inflation, a long-gone foe for the bureaucrats in the European Central Bank, has struck again.
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June 18, 2020
Published by IEA at June 18, 2020
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Inflation: the Next Threat?

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state borrowing from both national central banks and commercial banks.
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February 16, 2018
Published by EPICENTER at February 16, 2018
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Financial Stability Without Central Banks

A ‘free’ banking system without a central bank provides incentives for banks to act with restraint. Their lending policies are, in effect, tied to each other. If one over-reaches, it will be pulled back as others present notes to and demand reserves from the bank that is lending recklessly.
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