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Between 1950 and 1970, Per Capita National Income (basically wages) in Japan rose 15% per year compounded, while the CPI rose 4.8%. The Bank of Japan did nothing.
We haven't written up this one. Forbes has the full story — the link below goes straight to it.
WASHINGTON — The U.S. trade deficit widened more than expected in August, driven by a surge in imports of goods amid robust domestic demand, keeping trade on track to again subtract from economic…
Investors are betting Brazil’s election-fueled rally has just begun — a wager that ultimately hinges on a fiscal overhaul markets have long demanded, but still know little about.
The Bank of Ghana (BoG) has issued a strong warning to banks over compliance with foreign exchange regulations, insisting that adherence to its FX requirements remains “non-negotiable.” Governor Dr…
Stripe and Ramp executives highlighted their companies’ need for more access to the Federal Reserve’s payment rails during a Fed conference.
Frankreichs Wirtschaftsminister Roland Lescure hofft, dass Investoren und Märkte die eigene Politik zu Disziplin und Kooperation zwingen. Doch dem hochverschuldeten EU-Staat droht eine Abwärtsspirale.
