“BlackRock — the world’s largest asset manager — says central banks are ‘deliberately’ causing recessions and warns of a downturn unlike any other…”
January 19, 2023
“Many experts have already sounded the alarm on the U.S. economy. But you still want to pay attention to what BlackRock — the world’s largest asset manager — has to say for a very simple reason: it’s predicting a recession unlike any other…
In fact, the strategists believe that central banks are “deliberately causing recessions by overtightening policy” in an effort to bring price levels under control.
In the past, when the economy entered a downturn, the Fed typically stepped in to help. But due to the cause of this projected recession, BlackRock says we can’t count on the central bank…”
https://finance.yahoo.com/news/blackrock-world-largest-asset-manager-223000827.html
Of course they cause recessions. Printing money adds inflation and inflation hurts the economy. Its that simple. In very simple terms when inflation goes up the stock market goes down. Spending in general goes down. The very basics of an economy is not that hard to understand.