Reports on Janet Yellen See all

Cartoon by GIS

Covid-19, the ‘white knight’ for irresponsible policies

Though a quick injection of funds was necessary to keep businesses running and to avoid suffering, governments have taken the crisis brought on by Covid-19 as an opportunity to further increase their grip on economies. The enormous amounts of spending are financed through money creation. The result of such processes can only be inflation or other financial difficulties.

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