Central Banks Can't Stop Wars

Central Banks Can't Stop Wars Authored by Alexander Salter via TheDailyEconomy.org, Every time conflict erupts in the Middle East and oil prices jump, the same anxiety follows: will central banks respond with tighter money? It’s an understandable fear. Households dislike inflation, and policymakers are tasked with maintaining price stability. But when inflation is driven by geopolitical crises — such as war in Iran or disruptions to global shipping lanes — the source is not e...

By Tyler Durden