As Nobel laureate Paul Krugman puts it, the Covid-19 recession has caused “surprisingly little” damage, all things considered (GDP, jobs, inflation, etc.). He basically refers to the US, but his lesson can be largely extrapolated to Europe as a whole; especially when he talks about “large-scale” public spending. There may be more doubts if the … Read more
https://awardworld.net/nobel-prize/behind-in-gdp-and-ahead-in-inflation/
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