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The world economy faces serious risks going forward: for example, an estimated $2.3 trillion in income is projected to be lost in 2022–25 due to vaccine inequity — most of it in developing countries. In the United States, the Federal Reserve lowered interest rates to zero, and has created more than 3.6 trillion dollars since More

The post Billions of People Globally Who Need the Most Help Can Benefit from Changes in Economic Policy appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Mark Weisbrot.

Citations

[1] Billions of People Globally Who Need the Most Help Can Benefit from Changes in Economic Policy - CounterPunch.org ➤ https://www.counterpunch.org/2021/09/21/billions-of-people-globally-who-need-the-most-help-can-benefit-from-changes-in-economic-policy/[2] Billions of People Globally Who Need the Most Help Can Benefit from Changes in Economic Policy - CounterPunch.org ➤ https://www.counterpunch.org/2021/09/21/billions-of-people-globally-who-need-the-most-help-can-benefit-from-changes-in-economic-policy/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/