Diamond consolidating the third wave democracies v 2
International structural factors during the 1970s were cited by Huntington as the causal sources for initiating the Third-Wave. membership has also functioned to inspire democratic changes in a number of former Soviet satellites, including Poland, Hungary, and the Czech Republic.
And even fewer realize the true scale of what’s about to take place.Federal Reserve District Governor (San Francisco) Janet Yellen believed that a little inflation “greases the wheels” of the labor market. She asked Chairman (at the time) Alan Greenspan his preference. “I would say the number is zero, if inflation is properly measured.” Read full article...Benjamin Disraeli Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%.Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation.I don’t know how I could survive without 2% inflation reducing my purchasing power. By: Nadeem_Walayat The consensus circus that the mainstream press journalists rely upon to produce their daily copy i.e.
Mid-2016 this changed as expectations began to rise, breaking this downtrend in early 2017. Indeed, partial inflation indexing can mean effectively having only 11 months of benefit purchasing power- or even 8 months - to cover 12 months of expenses each year. By: Graham_Summers The Fed claims it’s “confused” as to why inflation remains so low. It intentionally measures inflation in ridiculous ways to guarantee that the “official number” remains nowhere near reality. the “inflation” that you and I experience in the form of a rising cost of living induced by Central Banks devaluing our currencies…