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Robert E. Hall and Michael Woodford have won the 2026 Nobel Prize in Economics for research that changed how governments and central banks respond to economic s…
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There are at least 2 ways for the government to take money out of the circulation and diminish inflation. One is interest rates (which increases the debt and transfer wealth to the already wealthy) and the other is taxation, which diminishes debt and, if targets the rich, can transfer wealth to the poor.<br>Guess which one the finantial market tells is the only one available...
Why doesn't Russia agree to a two-week ceasefire to allow Ukraine time to hold presidential elections? (If Russia believes a two-week ceasefire would help Ukraine prepare for war, then Russia would also have the opportunity to prepare for war during that same period.)
They should have their work read by Trump and Macron.
They made a lot of value for the shareholders while robbing majority of humanity and raping the planet. But their spreadsheets look good. Everybody clap.
The Dismal Science likes to think of themselves as being super helpful to humanity
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