The cause of inflation is money supply. If the price of a good goes up then people will spend less on other goods - that is the difference between price rises and inflation. Inflation is entrenched because money supply went over 20% for a time and ...

Consumer price inflation, UK: April 2023

Is this real? I don't know what to say anymore.

BOE's Broadbent: We received reports that £100 bln a year of QT could disturb market...

Toxic politics has led us here and the self interest will walk everybody off the cliff if need be. If anything, it has been fed and nurtured by the party that says it is moral. What a mess.

Yellen Says Debt Default Would Hurt US International Leadership

Do you seriously see no threat here to personal freedoms? Did you sit comfortably through the bit where Canadian truckers and their supporters had their finances closed down? Surely you would agree that corruption in all governments seems to be ...

ECB's Rehn: The decision on a Digital Euro is expected in Autumn

The 'decision' LOL.

ECB's Rehn: The decision on a Digital Euro is expected in Autumn

Inflation will fall rapidly this year even without rate rises - we are just seeing the delay.

Consumer price inflation, UK: February 2023

Have these folks been too busy to do this before?

ECB's Visco: The euro zone needs to quickly implement a deposit protection tool, like the one...

I've been hacked I tell you! LMAO.

Fed Speech Scrapped After Participant Shows Porn in Zoom Room

Slightly gobsmacking that someone can do a presentation on inflation without mentioning the money supply.

The small European nation of Switzerland beat sky-high inflation. Here's how

I bet it does.

Bank of England Seeks More Women to Diversify All-Male Top Team

Be alarmed IMO. I've spent the last couple of years barely believing anything but this takes the biscuit.

The Employment Situation -- January 2023

Are they? In the stampede to a 'fairer society, levelling up and build back better', I've always felt it was a good opportunity to pull up the drawbridge and cement the positions in society. Social mobility is about to be crushed IMO. The rich will ...

BOE's Pill: I expect we will proceed with QT over the the coming years

The relative robustness of economic data is not fitting my life observations - a couple of redundancies this week amongst friends. I know they are not the world but it does feel like recession time.

EUR/USD drops below 1.0900 as market mood sours ahead of US NFP, ECB sees two more hikes

Buddy - they are out of ammo.

Gross Domestic Product, Fourth Quarter and Year 2022 (Advance Estimate)

Lots of good level congestion up here helping the buy the dip crowd but IF it got below 1.0830 then the trap door is open. The BOJ are stood there with their trousers round their ankles - they have no say/power in the price of the dollar.

Gross Domestic Product, Fourth Quarter and Year 2022 (Advance Estimate)

All those CB speeches that completely distorted the lines between CB's and politics haven't happened then. Mervyn King did well not to shout bullshit.

Powell: Panel on "Central Bank Independence and the Mandate—Evolving Views"

This happened years ago too as the Euro membership was in its initial stages and every Croatian I know was not happy about it. Now they have the secondary dose. It matched the experiences in Italy. It does pose some obvious questions.

Croatia in throes of euro price hikes

And another thing. Ukraine is and has been Germany's worst nightmare in every sense. It fits the EU narrative but definitely not Germany's.

EC Pres. von der Leyen: Talks between the EU and UK are marked by a new and more pragmatic...

Folks above. The contribution was real. And it wasn't a drop in the ocean. Conversations must be real too in order to have any value. 'There wouldn't be much desire in the EU to spend large political effort on a 'reincorporation'. How anybody can ...

EC Pres. von der Leyen: Talks between the EU and UK are marked by a new and more pragmatic...

The selected PM is an honorary member.

EC Pres. von der Leyen: Talks between the EU and UK are marked by a new and more pragmatic...