The euro is now in clear and present danger, as the Euro-Europeans cannot agree on how to proceed. The analysis of how the troubles started, I think, has been clear for more than two decades now. Basically, the Walters Critique was right. Sir Alan Walters, deceased in 2009, was an adviser to Margaret Thatcher.
Does Growth in the Money Supply Predict U.S. Inflation? Yes, but …
Michael W. McCracken & Lillian Fu KEY TAKEAWAYS Πηγή: Federal Reserve Bank of St. Louis πλήρες κείμενο