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Though Polish voters in October ousted their right-wing populist government, recent elections in Slovakia and the Netherlands show that populism remains as malign and potent a political force as ever in Europe. But these outcomes also hold important lessons for the United States, where the specter of Donald Trump’s return to the White House haunts the runup to the 2024 presidential election.
EDINBURGH – Gita Gopinath, die erste Vizegeschäftsführerin des Internationalen Währungsfonds, sprach in diesem Sommer auf dem Europäischen Zentralbankforum in Portugal von den „drei unbequemen Wahrheiten für die Geldpolitik“. Aber es war ihre Rede selbst, die sich an einigen Stellen merkwürdig anhörte.
Gopinaths erste „Wahrheit“ war, dass die „Inflation zu lang braucht, um zurück auf ihren Zielwert zu kommen“, und dass „anhaltend hohe Inflation die Senkung der Inflation schwieriger macht“.
Nein wirklich? Was wären wir ohne den IWF, der uns solche tiefen Einsichten vermittelt?
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