real vs money incomes - the one thing we need to understand during deflationary times (with an illustration from greece and cyprus) /

In inflationary times,genuine income growth is always apt news. However, in deflationary times, and genuine income growth may well reflect a deepening recession (or even a depression). This is important to know lest deepening recession is presented as… economic recovery …Continue reading →

Source: yanisvaroufakis.eu