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Will it be a blue omicron Christmas?

It’d be an understatement to say that UK Prime Minister Boris Johnson needs the public’s support right now, as a worrying new Covid variant spreads across the land. It’d also be an understatement to say that he and his fellow Conservatives are doing a bad job at rallying that support. To sum up Partygate: There were accusations of a Christmas ...

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Cash is dying, but we aren’t ready to bury it

  The demise of cash is near. As consumers, though, we should hope that the end doesn’t arrive too soon. It isn’t the pandemic that’s putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us. When Steve Jobs unveiled the first iPhone in 2007, he began ...

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Fed needs to go beyond doubling its taper rate

  After the hot inflation numbers out of the US, it would be inadvisable and unfortunate if the Federal Reserve were to resist at its policy meeting this week what have become broad-based calls for it to double the rate at which it is tapering its monthly bond purchases. In fact, the Fed should go well beyond that. Sadly, the ...

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