inflation

Since the end of World War II, the United States dollar has reigned as the global currency par excellence. The 1944 Bretton Woods Agreement anchored all major currencies to the dollar, which in turn was tethered to gold. However, gold was not particularly convertible, and the ceremonial link between the dollar and gold served primarily […]

While the U.S. and the euro area appear to have avoided the worst, much depends on how central banks will react to unanticipated news in the coming months.   Inflation is still high, but under control – or so the world of business and financial markets believes. In the euro area, year-on-year consumer prices rose […]

This video is a recording of Nicolás Cachanoskys’s presentation at the XVII Gottfried von Haberler Conference in Vaduz, Liechtenstein, on May 12, 2023. Nicolás Cachanosky is an Associate Professor of Economics and Director of the Center for Free Enterprise at the University of Texas at El Paso. Check the program and other guests’ topics here: […]