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Higher Interest Rates Only Brought More Pain

In the name of taming inflation, central banks have deliberately set themselves on a path to cause a recession—or to worsen it if it comes anyway.

In the name of taming inflation, central banks have deliberately set themselves on a path to cause a recession—or to worsen it if it comes anyway.


This content originally appeared on Common Dreams - Breaking News & Views for the Progressive Community and was authored by Joseph Stiglitz.


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