“Policymakers are faced with the very difficult time in the year ahead,” she said. “They have to be disciplined in the fight against inflation. Why? Because inflation undermines the foundation for growth, and it hurts the poor people the most.”
“They owe it to the U.S. economy, they owe it to the world economy, because what happens in the United States if inflation does not get under control, can have also spillover impacts for the rest of the world,” the Bulgarian IMF chief said.and “the data at this point says: too early to step back,” Georgieva said.
Georgieva said the world was already seeing signs of increased hunger before Russia’s invasion of Ukraine
Maybe China should move away from beating apple laborers unconscious in the streets.
'Beancounter attempts to define health policy for which they are completely unqualified'
Ya think?
I'm sure China gives two wontons what she has to say. It's not like China is notorious for fucking up the global supply chain or negatively impacting the economic and financial stability of the planet.
IMF is a health organization? This tells you all you need to know about government involvement with medicine and why they should not be involved at all.
Next up: Chief Medical Officer of WHO gives advice on China's foreign financial policy.
You could only persuade rational people not mad dogs.
why? there is no financial crisis in China, why do they need calibration? if there was one world was already royally F'ed