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23.06.2022 - Comments

Inflation and the French elections

by Norbert F. Tofall

In the election campaign, Emmanuel Macron was unable to do anything about inflation against Marine Le Pen and Jean-Luc Mélenchon. Macron would have had to correct his previous monetary and fiscal European policy.

This comment is available in German only.

 

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Populism and inflation - Or Why the West Needs a New "Bretton Woods”

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Without a rapid deleveraging of the Western states, a rapid fight against inflation is unlikely to be possible. Therefore, the West must reorganize its currency, monetary and debt regimes.

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Emmanuel Macron is the new president of France. In his long election campaign since the spring of 2016, he had consistently aligned his campaign strategy with the paradox of French political culture - with success.