Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
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As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist…
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The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]…
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…