Chartbook #151: Zugzwang - are we on the brink of a central
Descrição
Central banks around the world are under pressure. Surging prices stoke fears of inflation. Central bankers, who commonly define themselves as guardians of price stability, feel forced to react. Interest rates are their preferred tool. Higher rates take steam out of the economy. That should lower inflation. The price is pain for borrowers and the risk of a recession and rising unemployment
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Chartbook 223 Acting out of ignorance: the new logic of central bank inflation-fighting.
Links 9/19/2022 naked capitalism
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Chartbook #151: Zugzwang - are we on the brink of a central banking paradigm shift?
Chartbook #152 The anti-inflation pivot of 2022 – How uncoordinated & contractionary monetary & fiscal policy risk a global recession. – ADAM TOOZE
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Daily Chartbook #225 - Daily Chartbook
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