Yesterday’s Fortune & Freedom discussed the case for inflation. Or stagflation – the theoretically impossible combination of rising unemployment and rising inflation. But what about…
Economists used to believe high unemployment and inflation were an impossible combination. Shortly before just that combination happened in the mid-70s, of course. Not to…
Central banks are pressing ahead with digital currencies (CBDC). The first to make a splash is the Bahamian “Sand” Dollar. The Bahamas? Its currency is…