Is the IMF repeating its mistakes from the global financial crisis?
In 2008, the International Monetary Fund (IMF), along with the U.S. economic academic community, failed to anticipate the Great Recession. Today, as the Biden administration engages in the country’s largest peacetime budget stimulus on record, and as the Federal Reserve continues to inflate a global “everything” asset and credit market bubble, the IMF risks repeating its 2008 … Read more