Bill Mitchell | Billy blog
Macroeconomic research, teaching and advocacy
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Investigation into BBC bias misses the point really
This week, the British Broadcasting Commission (BBC) released the results of an independent review into its coverage of economic matters –... -
Inflation has peaked, the supply side is recovering, and the interest rate rises were for what?
So the IMF has come late to the transitory inflation party. What was obvious months ago is now at the forefront of IMF forecasts. Better late than... -
British voters depressingly caught between a rock and a hard place
Britain is now in a very undesirable state. The governing Tories are bereft of any sensible ideas and likely to lose the next General election in... -
Bank of Japan continues to show who has the power
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. This reflected a return to the dominant... -
Australia – quarterly inflation rate declining
Today (January 25, 2023), the Australian Bureau of Statistics released the latest – Consumer Price Index, Australia – for the... -
Migrating to Mastodon and some additional announcements
Today, I have a few news and information items. First, I detail how to migrate to Mastodon so that you can continue to follow me as I escape... -
Military spending binge is working to keep economies growing
Its been around 9 months since the central banks of the world (bar Japan) started to push up interest rates. And still there are no firms signs that... -
The Australian labour market enters a slow decline – with employment and participation falling
The Australian Bureau of Statistics (ABS) released of the latest labour force data today (December 15, 2022) – Labour Force, Australia –... -
EU bonds will not become a ‘safe asset’ – Germany and Co won’t let that happen
It’s Wednesday and I have several items to discuss or provide information about today. Today, I discuss the future of the EU-bonds that were... -
The Eurozone fictions continue to propagate
There was a Financial Times article recently (January 8, 2023) – Monetary independence is overrated, and the euro is riding high – from...