Discover and read the best of Twitter Threads about #purchasingpower

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The 1st and only debate between President #EmmanuelMacron and far-right challenger #MarineLePen in the #presidentielles2022 campaign is about to start.

Watch it live, in English, here:
#LePen had a disastrous performance in her debate with #Macron in 2017. She needs to hit it out of the park tonight to change the momentum now.

There was a brief moment at the 1st round where the gap between them was narrowing, but since then the momentum has been with Macron. Image
#LePen has drawn the right to speak first.

"I will be the president of justice," she says. "Brotherhood is what bonds the French people together. We need to rally around a collective platform" Image
Read 48 tweets
In our latest @BlackRock Market Insights commentary we argue that #inflation’s role in the #economic order can be misinterpreted, and therefore that #policy seeking to achieve positive ends can ironically become the means by which those ends are undone: bit.ly/3fyLn4O
Today, policymakers face a set of increasingly critical choices that could end up shaping our quality of life for a generation. Changes to the #Fed’s #inflation framework, without being fully debated, may ironically end up exacerbating the very problems they seek to alleviate.
One might paraphrase the #Fed mandate of full employment and stable prices as being intended “to preserve the purchasing power of as many as possible” – or, to create the best quality of life for the community. So, how do varying levels of #inflation impact that mandate?
Read 10 tweets

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