Rates of Inflation are Climbing: Central Banks have no Plan

The rate of inflation has gone up almost four-fold in the United States in the past 2 years. But the world economy outside of Russia and China is far worse, with Israel leading by 25%. This indicates the global nature of the economic problems of capitalism. The Central Banks of the world cannot make up their minds about whether to raise interest rates or not. They will do anything but invest in goods and services.

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