Some notes from New York
Superb coverage of this complicated topic by Adam.
Bild has a much lower circulation, 1.6 million at best
Didn't experts recently assure us that vaccines would bring COVID under control? Now they claim to have a handle on inflation. There is a growing sense that QE is a political necessity and will continue until there is sufficient economic dysfunction. What if no monetary policy exists that can simultaneously stabilize both consumer and asset prices?