Archive for May 10th, 2017

Sentences (#100)

Cathedral money:

the reason why inflation measurement and reporting has become so controversial is that it is “less a measure of purchasing power (and therefore a financial tool), and increasingly a process of affecting macro-economic policies (and therefore a policy lever).”

(The whole post is crucial, still more so the report.)

May 10, 2017admin 17 Comments »
FILED UNDER :Political economy
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