On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix

On The Hidden Fragility Of Our Energy-Dependent World & The Cascading Consequences Of A Supply-Shock That Money Alone Can't Fix Authored by Milan Adams via Preppgroup blog, For a long time, I accepted the same framework most people in finance operate within—that the global economy is, at its core, a system governed by monetary policy, shaped by interest rates, and stabilized by central banks. It’s an appealing idea because it suggests control. If growth slows, you lower rates. If inflation rises, you tighten conditions. If markets panic, you inject liquidity. There is...