Warning: Global Inflation Time Bomb On Horizon

RT published this video item, entitled “Warning: Global Inflation Time Bomb On Horizon” – below is their description.

Deutsche Bank Has Global Warning for Inflation!

Streaming begins Tuesday 12pm EST

Inflation may look like a problem that will go away, but is more likely to persist and lead to a crisis in the years ahead, according to a warning from Deutsche Bank economists.

In a forecast that is well outside the consensus from policymakers and Wall Street, Deutsche issued a dire warning that focusing on stimulus while dismissing inflation fears will prove to be a mistake if not in the near term then in 2023 and beyond.

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About This Source - RT

The video item below is a piece of English language content from RT (formerly Russia Today). RT is a Russian state-funded broadcaster.

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Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank’s network spans 58 countries with a large presence in Europe, the Americas and Asia.

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In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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