Geopolitics
The Inflation Hydra: How Western Monetary Dogma Meets a Multipolar Reality
Major central banks face a complex, multi-faceted inflation crisis driven by converging pressures including energy costs, geopolitical tensions, supply chain issues, and strong labor markets, questioning the long-held view of inflation shocks as temporary. This systemic failure of a Western-dominated financial ideology, which dismisses the economic devastation its policies cause in the Global South, exposes the deep-seated contradictions of a system designed for perpetual extraction, now dangerously faltering on its home turf.