As Inflation Rises Dangerously, The Fed Chooses To Continue Its Head-in-the-Sand Policy
This will be a rude awakening for the world economy.
Inflation continues to rise month after month. The Fed and the other major global central banks may claim that this increase in inflation is temporary, but we can feel a change in their discourse as their presidents speak.
A few weeks ago, the Fed and the European Central Bank were explaining that inflation was a distant danger.
Now, faced w…
