Inflation, driven by government spending, has gobbled up 85 percent of the Big Macs you could have bought. But we’re unlikely to see supersized bills in circulation.
โข
“Establishing trustworthy monetary rules is needed to incentivize fiscal responsibility. Constructing robust institutions that allow monetary authorities to act within constraints is even more imperative.” ~Joaquรญn Henault
Inflation, driven by government spending, has gobbled up 85 percent of the Big Macs you could have bought. But we’re unlikely to see supersized bills in circulation.
โข
“Establishing trustworthy monetary rules is needed to incentivize fiscal responsibility. Constructing robust institutions that allow monetary authorities to act within constraints is even more imperative.” ~Joaquรญn Henault
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