Not exact matches
According to the «Austrian school», one of the most basic flaws in the QTM and in many other economic theories is the treatment of the economy as an amorphous blob that shifts one way or the other in response to stimuli provided
by the
government, the
central bank, or a vague and unpredictable
force called «animal spirits».
They are supported
by central banks,
governments and politicians who fear deflationary
forces.
With the rising Ukrainian nationalism and the increasingly more and more visible loss of control of the
central government over the country (in the recent trade blockade of Donbass
by Ukrainian nationalists, president Poroshenko protested the blockade but was unable to
force its lifting), it is possible that Ukrainian military will take more forceful action against Donbass and Luhansk, which may
force Russia's hand, so not all risk of war is beyond us.
Miffed
by the constant abuse of the naira, the
Central Bank of Nigeria (CBN) and the National Orientation Agency (NOA) have joined
forces to launch grassroots campaign against naira abuse across the 774 local
government areas of the country.
Local authorities have been
forced to face the biggest spending cuts
by central government, with 26 % of their budget slashed.
Commenting on the Conservative Party's proposals to
force local authorities to hold a referendum each time they increase council tax
by more than a
central government controlled level, Director of Unlock Democracy, Peter Facey said:
Speaking often in favor of a stronger
central government, he led (in the words of one delegate) «not
by the charm of his eloquence, but
by the
force of his reasoning.»
This week, the
Central Java Coal Power Project added to its list of failures, as continued refusal
by villagers to sell their land for the proposed coal plant has
forced the Indonesian
government to yet again extend the deadline for financial closure of the project.