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Chartbook #152 The anti-inflation pivot of 2022 - How uncoordinated & contractionary monetary & fiscal policy risk a global recession.

adamtooze.substack.com

Chartbook #152 The anti-inflation pivot of…

Adam Tooze
Sep 18, 2022
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Share this post

Chartbook #152 The anti-inflation pivot of 2022 - How uncoordinated & contractionary monetary & fiscal policy risk a global recession.

adamtooze.substack.com

In response to the surge in prices that began in earnest in the summer of 2021 central banks all around the world are hiking interest rates. When taken together, a series of national policy moves add up to the most widespread tightening of monetary policy since the start of the fiat money era in the early 1970s.

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