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Asean 2026: Europe’s 4 oil shock lessons
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1 Articles
Asean 2026: Europe’s 4 oil shock lessons
(Last of two parts) 4. Depoliticize monetary policy — but don’t stop there In the 1970s, weakly independent central banks, heavy wage indexation, and strong political pressure to accommodate inflation led Europe to experience stagflation — high inflation with low growth. Only in the late 1980s and 1990s, with stronger central bank independence and clear
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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