Inflation Phobia Hastens Recessions, Debt Crises
27 September 2022, 08:15 SYDNEY and KUALA LUMPUR, Sep 27 (IPS) - Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues from Washington: the US Fed, Treasury and Bretton Woods institutions (BWIs).
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