IMF Managing Director Kristalina Georgieva addresses the G20 Finance Ministers Meeting in Nusa Dua on the Indonesian resort island of Bali, July 15, 2022/CFP International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the "exceptionally uncertain" … Continue reading Global economic outlook exceptionally uncertain – IMF Chief
Experts dismiss the idea that greedy companies have been the main reason for a jump in inflation this year. Experts point out that for four decades the market power of businesses over consumers has risen an average of about 1% annually, but that inflation has remained low during that time until the recent upswing, The Hill reported on Wednesday. This … Continue reading Economists identify the real cause of inflation
Conservative economists blasting Democrat front-runner Joe Biden’s tax hike proposals warn his ideas would “crush” the record-setting U.S. economic recovery. An analysis by the Tax Policy Center last week indicated Biden’s proposals to hike corporate taxes, increase the capital gains taxes on the top 1%, and toss out the Trump tax cuts would collect $4 … Continue reading What Economists hate most about Joe Biden’s tax hike proposals
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