Day: 11 July 2022

China flares up, Putin flexes more, US Dollar pushes higher

China is locking down again, just as new loans increase. That suggests the economy will bounce back strongly, says NAB’s Tapas Strickland, if and when they stop pursuing their zero Covid policy.

How fast can a magic money tree grow?

The money supply should grow a little faster than GDP, but all economists need to recognise that the system is cyclical, says Steve Keen on this weeks Debunking Economics podcast, with Phil Dobbie.

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