Capitalist Banks are on the Horns of a Dilemma: Raise or Lower Interest Rates?

The two most powerful banks in world are the Fed and the European Central Bank. They face a dilemma as inflation sets in. If they try to raise interest rates to curb inflation, the free trading markets, used to free money, may panic. Yet the continued give-away of free money to capitalists is leading to the rise in prices. If the banks do not halt inflation now, according to this article, inflation may stick around for years. Is this problem as bad in Europe as it is in Yankeedom? Find out!
Read in WSWS

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