The problem is that central bankers keep referring to wage-price spirals and expectations to justify their decisions to hike rates.
The reality is that those justifications are just smokescreens and there is no justification for what is being done under the aegis of monetary policy.
The German Hegemon: Imposing austerity on Europe, and then stopping effected nations from receiving Chinese investments, while also sabotaging climate change reforms. Read here
There goes the construction sector as well. New orders in main construction industry, September 2022 -3.6% on the previous month (in real terms, seasonally and calendar adjusted) -22.6% on the same month a year earlier […]
Governments trying to stave off recession by increasing their spending. Germany will not be pleased. Read HERE
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