The US's selfish war on inflation will tip the world into recession - The Guardian


7/16/2022 12:00:00 AM2 years 9 months ago
by Phillip Inman

As the Fed raises interest rates, dollar-denominated loans become an unsustainable burden to states around the globe

Later in July US interest rates are expected to jump for a second time this year, and thats going to wreck any chance of a global recovery. The Federal Reserve could push its base rate up by as much… [+4524 chars]

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