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Covid lockdowns, money pumping, and attempts to impose a new green economy are all having an effect. This will not be forgotten any time soon.
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Following the housing bubble of 2008, the government allegedly established a fail-safe mortgage program to avert future bubbles. It didn't work.
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Janet Yellen, the nation's former chief inflationist, now claims that impoverished women need easy access to abortion because inflation could put them in jeopardy.
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The dollar's depreciation will not avert future recessions.
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The Federal Reserve has declared that it will begin reducing its balance sheet and boosting interest rates. However, the Fed's actions announced on Wednesday are extremely cautious. The Federal Reserve is significantly behind the curve.
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By highlighting erroneous inflation figures, central banks will not be able to determine the best policies.
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The US economy staged a record-setting rebound from a bad case of the coronavirus in the third quarter — but the nation has yet to shake all of its symptoms.America’s gross domestic product —
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GDP increased by an annualized rate of 33.1 percent during the third quarter, the Commerce Department reported Thursday.
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The coronavirus pandemic may not damage the global economy as badly as previously feared, an influential group says. The Organization for Economic Cooperation and Development said Wednesday that it now expects worldwide gross domestic product — a key measure of economic health — to drop by 4.5 percent this year, down from its June forecast …
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Japan on Monday reported its worst drop in GDP on record, with its economy shrinking a record 7.8% from April to June as the coronavirus pandemic severely slowed economic activity in the country. The decrease translates to an annual rate of decline of 27.8%, the worst quarter the world’s third largest economy has recorded since …