Measured by Purchasing Power Parity, inflation rates in Argentina are even higher than the official figures.
President Trump is scheduled to give the Presidential Medal of Freedom to New England Patriots coach Bill Belichick Thursday.
On the menu today: Bubbles, California’s self-destruction (continued), inflation, weed, and Beethoven.
Plus, some thoughts on equities and inflation.
Inflation (or not), stimulus (or not) and much, much more.
On the wondrous effects of dollarization in one Zimbabwean city.
Venezuela’s Maduro has realized that official dollarization is the only way to curb hyperinflation. Here’s a blueprint for how he should proceed.
If Erdogan wants to save the Turkish lira and economy, he must go for gold.
On the IMF’s misguided inflation forecasting
We must clarify the definition of hyperinflation so as to better understand it.