Letters to the editor: July 2: ‘I’d like to thank the oil industry for taking steps to reduce air pollution and reverse climate change.’ Upside of inflation and high gas prices? Plus other letters to the editor

: Most economists failed to see today’s inflation coming not because they did not know, but because they seemed to ignore a well-known fact, first documented in the early 16th century and confirmed countless times since: A significant and persistent increase in money growth is soon followed by a significant and persistent increase in inflation.

The resulting costs to central banks’ credibility are prominent among many others we now face – all because of economists’ neglect of certain inherited economic ideas and the evidence that supports them.Get Used To It The Ford government, then, should be lauded for a desire to shake up the establishment at the Ontario Securities Commission and encourage it to understand the critical importance of private capital to capital formation, company building and job creation.

Sverige Senaste nytt, Sverige Rubriker