deflation
Tariffs are among President Trump’s most controversial initiatives. Yes, tariffs – those deplorable taxes that apply to all, benefit few, and are despised universally by every living economist and approximately 99% of the dead ones. Across the major schools of economic thought, economists (notoriously) agree on little. Tariffs are one of the few exceptions. […]
When Xi Jinping became president in March 2013, there was widespread optimism across China. At that time, many Chinese economists held a linear viewpoint, believing that the country’s development would progress continuously. However, today, China finds itself trapped in a deflationary cycle. Deflation occurs when weak demand leads to falling prices for goods and services, […]
ECAEF President and Geopolitical Intelligence Services founder and chairman Prince Michael of Liechtenstein conducted this interview with German entrepreneur Andrea Thoma-Boeck, founder and president of the Initiative Zukunft Wirtschaft Deutschland e.V. (IZW), on the root causes of her country’s economic trouble and the necessary solutions. Germany, the fifth-largest global economy and by far the largest […]