The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: elmatador	8/29/2022 5:46:45 AM
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It is not printing money! Largarde wholeheartedly believes climate change has affected price stability and she noted that further climate disasters could hurt the global economy. “If more and more climate disasters, droughts, and famines occur throughout the world, there will be repercussions on prices European Central Bank (ECB), Christine Lagarde: Europe’s scorching hot inflation can be blamed on climate change. During her interview with Madame Figaro, Lagarde stressed that people need to take into account that “climate disasters” affect price stability a great deal The ECB raised rates by 50 basis points to zero last month. With rates at zero, the ECB is stimulating the economy and remains far from the neutral rate, which is estimated by economists to be around 1.5%.

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