The glorious Forties are well finished, that period during which developed countries economies had enjoyed prices stability. At the end of this 2022 year, inflation in all these countries, to the exception of China and Japan, will have reached between 7 and 11%, France being for one time the good pupils, ranked among the better with at the end of October, a harmonized rate of 7.1% following the European rules and 6.2% following its national definition. That long period had not yet been exempted of financial crisis, the three re-alignments of the Franc inside the European Monetary System ...

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Is the succession of crisis which are affecting the world going to generate an irreversible economic and social mutation and to transform the development model of the countries? The Covid-19 pandemic, the war in Ukraine and the geopolitical tensions it has involved to which must be added the taking into consideration of the climate risk which is generalizing cannot remain without lasting consequences, even if one day, sooner or later, the effects of that pandemic will be completely controlled and the peace will have  been restored in Ukraine. Growth during the 20^th century has, before everything, been provided by ...

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The dollar has experienced a spectacular increase these last months against all the major currencies in the world. For a year, it has appreciated itself by 15.2% against the euro and by 17.6% against the sterling, an increase which slowed these last days after the turnaround of the British government which has abandoned its general taxes cut policy after having announced it some weeks before. The fall of the yen is spectacular: -23.3% when the Chinese currency, the Yuan has better resisted; the cause of the dollar appreciation is well identified, but the spreads between currencies would ...

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