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The British pound saw its biggest one-day drop after the Conservative government announced on the 23rd that it would cut taxes and increase fiscal spending to strengthen the economy. “The pound plunged as high-risk public borrowing raised concerns about a worsening cost of living crisis,” the Associated Press reported. The Finance Minister announced a comprehensive tax cut policy, saying that it..

While the government took an approach to induce high inflation by choosing to stimulate the economy by relying on fiscal expansion despite increasing inflationary pressure, the United States chose to respond to inflation when wage growth fell far short of inflation. President Yoon Seok-yeol said at a macro-financial review meeting on the 13th, "The financial and foreign exchange market volatilit..

The extent of inflation is gradually increasing and the economic growth rate is showing a clear downward trend, showing the adverse effect of the Corona V rebound and fiscal expansion.The CPI rose 2.3% in April, 2.6% in May, 2.4% in June, 2.6% in July, 2.6% in August, and 2.5% in September, up 3.2% in October and 3.7% in November. It recorded the highest rate of increase in 11 months in a year. ..

As a result of the government's expansion budget last year, super-high net worth of more than $30 million (33.9 billion won) increased 15% from the previous year, 41% of the job budget 25.5 trillion won was covered by unemployment income, and direct job creation was only 11.2%. . Regarding the budget for last year's jobs (other than the supplementary economy), the Ministry of Employment and Labo..

Governor Lee Jae-myung declared the current 4% high-growth debt economy as an 'enemy' of low growth in his declaration of candidacy for the presidential election, and announced a tougher payoff for stronger fiscal expansion and strengthening of the fund economy. Governor Lee emphasized nationalism in the declaration, saying, “The reason we create a nation and live together is for a safer and bet..

There was a side effect of the debt economy, where only low-credit interest rates rose, large corporations benefited from aggressive money release, and expected inflation rose. The National Assembly Budget Office said, "The expected inflation rate rose 0.5%p from 1.6% in June 2020 to 2.1% in April 2021. If interest rates rise, we cannot rule out the possibility of adjustment of stock prices and ..

The government's fiscal expenditure increased by 9.5% in total expenditure from 2019, increased by 100 trillion won for two years with a continuous expansion of 9.1% in 2020 and 11.9% in 2021, a 20% increase from 500 trillion won in 2020 to 600 trillion won in 2022. The economic growth rate rose 0.2% from –1% of GDP last year to 3.6%, with the government 3.2% this year, the Bank of Korea 3%, and..