Insights for Navigating an Uncertain World
“The war in Iran has sparked fears of inflation and a selloff in sovereign debt around the globe. Slightly higher rates can be managed by global central banks, but sharply higher rates cannot. As such, a moment is fast approaching where central bankers will be forced to choose between greasing the monetary pump or fighting inflation. History suggests they’ll choose the former, not the latter.”
https://www.sprottmoney.com/blog/hitting-wall-global-debt-inflation-gold-silver-prices
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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