The new mayor of New York City, Zohran Mamdani, stated in his victory speech that “there is no problem big enough that the government cannot...
The Federal Reserve kept rates unchanged in the last meeting, downgrading growth estimates and raising inflation expectations. The Fed expects inflation at 2.7% at the end...
The principle of effective demand below basically tells us why inflation will not fall to single digits in many developing countries. Y = C + I...
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