When economies scream
Article Abstract:
The current recessions in various industrial countries is a result of disinflation, which is causing the prices of goods, services and assets to drop. Governments should allow borrowing to rise, and interest rates should be cut to stimulate gross domestic product growth.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Unemployment isn't working
Article Abstract:
While a certain amount of unemployment is necessary in order to control inflation, in Britain the prices in joblessness has become way too high. Current policies need to be changed to counter the long term unemployment that is crippling the country.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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Tell 'em, Al: inflation
Article Abstract:
A high government bond yield of 8% indicates that investors can expect an inflation rate of about 5% in the future. The high yield may reflect a lack of confidence by stockmarkets in the policies of the Federal Reserve.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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