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Degrowth: A dangerous idea or the answer to the world’s biggest crisis?
Conventional economic logic hinges on a core assumption: Bigger economies are better, and finding ways to maintain or boost growth is paramount to improving society. But what if growth is at best doing little to fix the world’s problems, and at worst fostering the destruction of the planet and jeopardizing its future? That’s the radical message from the “degrowth”…
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Fed mulls ‘game changer’ to jolt inflation: Decision day guide
Federal Reserve Chair Jerome Powell, who’s carefully telegraphed interest rate hikes over four years, looks likely to abandon gradualism and move more forcefully to stamp out inflation along with growing concerns that it will persist. The Federal Open Market Committee is expected to raise rates 75 basis points by Wall Street firms including Goldman Sachs…