Macroeconomics

In the affairs of the global economy, the subject of inflation is increasingly coming to the fore. Inflation rates in the US have already reached 4% and rising figures in Europe are raising questions too. National banks and politicians are sticking to their convictions that these rises will only be of a short-term nature. The political intention is to protect national deficits from higher interest rates and to maintain the policy of cheap money. This is understandable, but not necessarily good for the macroeconomic situation in the future.

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