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Governments should draw lessons from the malign consequences of prolonged ultra-low interest rates
Two experts debate the long-term impact on inflation of the Covid-19 rescue packages
When everyone clocks the problems in the interest rate system, they’ll want to get their cash out
Monetary manias fuelled the tulip craze and the South Sea bubble
Edward Chancellor looks at the concept of credit in circulation, courtesy of the island of Yap
Wall Street’s euphoria over reforms is no indication of success, says Edward Chancellor
The frenzied days of the late great credit boom are returning
China is going the way of corporate zombie Japan
Massive rewards for managers encourage misallocation of capital
There are few exceptions to the mean-reversion rule, finds Edward Chancellor
Be aware of the unreliability of economic forecasts
International Edition