Inflation Phobia Hastens Recessions, Debt Crises

SYDNEY and KUALA LUMPUR, Sep 27 (IPS) – Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues from Washington: the US Fed, Treasury and Bretton Woods institutions (BWIs).

Read the full story, “Inflation Phobia Hastens Recessions, Debt Crises”, on

find more fun & mates at SoShow now !