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What if soaring rates don't kill inflation? Central banks may be about to blow up the economy (www.abc.net.au)

submitted 1 year ago by [email protected] to c/[email protected]

3 comments fedilink

What if soaring rates don't kill inflation? Central banks may be about to blow up the economy (www.abc.net.au)

submitted 1 year ago by [email protected] to c/[email protected]

5 comments fedilink

I’m curious how long central bankers will let this go on for before they begrudgingly admit that they got it wrong. For the sake of those already made homeless, ill or dead from the current inflation I hope the central banks aren’t wrong so that their suffering wasn’t for nothing.