The rapid rise of the dollar against other currencies is causing distress in other countries. Globally traded commodities like oil and various foods are priced in dollars. The costs of essential and b...
Tag: Destructive
Steve Forbes Warns Jerome Powell To Junk “Highly Destructive” Monetary Policy
It has been holy writ among central banks that the goal of monetary policy should be to achieve a 2% rate of inflation. Federal Reserve boss Jerome Powell, for example, says he will fight the current ...
‘Extremely Destructive’ Russian Cyberattacks Could Cost U.S. Billions Of Dollars In Economic Damage, Goldman Warns
Topline As Russia’s invasion of Ukraine escalates tensions with the U.S. and its allies, economists at Goldman Sachs are warning either side could resort to malicious cyber activity targeting companie...