Month: September 2020

Why the Hoped-for Solution to Out-of-Control Government Debts Won’t Work This Time

“Rapid growth is no longer possible” and “inflation is not going to be tolerated” in societies with slow wage growth: head of central bank of Singapore. It has been said out loud. By Wolf Richter for WOLF STREET. September 15, 2020 The solution now to the enormously ballooning debts in developed economies: Firing up consumer price inflation and […]