Investing in times of stagflation
Since the 1970s, growth in the global economy has not been as strong as it is this year. As economic growth slows and inflation rises, media speculation about stagflation is rife. The word [...]
The stability of the financial system
Money has value only if there is a relationship with the value created in the real economy. Thus, the value of money is not determined by the government, but by the private sector. The role of [...]
Ageing causes more inflation
To a large extent, the current level of inflation is a consequence of the corona crisis. This is immediately the main argument for labelling it as temporary. Yet the risk of this temporarily [...]