Saturday, August 30, 2014

Instead of #deflation, let's have #default, #degrowth, #decarbon, #decolonize

Cheap oil has peaked. Profits are no more. Degrowth will happen. Let's stop wasting money and energy on cars.

Eurozone Inflation Dips Again to Increase Pressure on E.C.B. - "With inflation creeping closer to zero, analysts consider it ever more likely that the central bank will begin large-scale asset purchases, the same kind of quantitative easing that has been used by the Federal Reserve to revive the economy in the United States."