Inflation is not an act of God; it is the outcome of a determined policy on the part of governments and central banks. Such a policy has both long-run and… Introduction Historical events are complex phenomena, and monocausal explanations are therefore by definition...
Monetary affairs have always been subject to government intervention of one kind or another. In ancient times, these interventions were made to raise funds for public spending; by debasing the coinage, kings and other rulers could raise taxes without having to abide...
The Saudis want to break free from U.S. influence and hedge their bets with China and the Russians
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