Tag Archives: Greek bonds

Investors underestimate ‘Grexit’ risks

As the second quarter begins, Greece is still waiting to reach a deal with its creditors, while its banks are haemorrhaging deposits fast and investors are losing whatever confidence they had left.

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Asset price inflation should be included in the official data

How do you print money and not cause inflation? Easy. Choose the definition of inflation that suits your needs – the one that includes only those items whose prices are not increasing that fast – and ignore price rises everywhere else. Like, for instance, asset price inflation.

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