Governments have a chance to fix global inequality. They must seize it

//Governments have a chance to fix global inequality. They must seize it

Governments have a chance to fix global inequality. They must seize it

There’s too much money in the world and it’s creating problems. It’s the product of super-loose monetary policies pursued by the world authorities since the 2008 crash and in the wake of the pandemic.Bond market bears fret that overheating has consequences for consumer prices, but it is the inflationary impact on financial asset prices that policymakers need to worry about in the long run.Irrational exuberance is running amok, distorting the value of money and intensifying global wealth…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2021-05-03T17:30:16+00:00 May 3rd, 2021|Business|Comments Off on Governments have a chance to fix global inequality. They must seize it