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Inflation Paranoia Threatens Recovery | naked capitalism - Vimarsana News

Inflation Paranoia Threatens Recovery | naked capitalism

Inflation hawks are winning. A ‘beggar thyself’ race to raise interest rates has begun. But this response slows economic growth.

Inflation Paranoia Threatens Recovery - Vimarsana News

Inflation Paranoia Threatens Recovery

Inflation hawks are winning the day. The latest ‘beggar thyself’ race to raise interest rates has begun. This ostensibly responds to the spectre of runaway inflation, supposedly retarding economic