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Re:Real-time market monitoring finds signs of brewing U.S. h... by mensetmanusman on Friday April 01, 2022 @09:47AM (#30878011)
[1] says:

“ Because the international gold standard linked interest rates and monetary policies among participating nations, the Fed’s actions triggered recessions in nations around the globe.”

That’s what I was alluding to, sorry for not being clear :)

Re:Real-time market monitoring finds signs of brewing U.S. h... by notch656a on Friday April 01, 2022 @11:23AM (#30879087)
> the Fed’s actions triggered recessions in nations around the globe.

>the Fed's actions triggered recessions

I don't think this strengthens the case for justification of the fed.