Structural deficits, fiscal dominance drive persistent price instability - Capital Newspaper
Structural deficits, fiscal dominance drive persistent price instability - Capital Newspaper
Source: Capital Newspaper
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DW NOTE
The Strait of Hormuz has been closed for weeks, oil supply is down 4.3 million barrels per day, and the US is running a $1.4 trillion deficit — yet the piece blames "structural deficits" and "fiscal dominance" as if these are abstract conditions rather than policy choices. When governments borrow to fund consumption while supply chains collapse, the price instability isn't a mystery requiring diagnosis.