The West's Manufactured Economic Crises: A Convenient Narrartive of Stagflation
Funny how the timeline works: corporate media platforms are now heavily circulating warnings of 'stagflationary forces building,' as if economic downturns coupled with inflation are simply acts of nature. This narrative conveniently elides the decades of engineered financialization, punitive sanctions regimes, and deliberate dismantling of public services that predate current price hikes and
stagnant wages. The focus shifts to abstract 'forces' rather than specific, traceable policy choices made in Washington, London, and Brussels. Consider, for instance, the continuous weaponization of the global financial system through sanctions. The United States has enacted over 10,000 sanctions measures since 1990, a 933% increase from the previous three decades, disproportionately impacting
developing nations and disrupting global supply chains. These are not passive market dynamics; they are active, aggressive instruments of economic warfare designed to cripple adversaries, which invariably inflict collateral damage on the global economy. The ripple effect of such measures, alongside unchecked corporate profiteering disguised as 'inflation,' creates the very conditions now being
labeled 'stagflation' by those who profit from the chaos. Furthermore, the notion that such economic instability is a recent development ignores a long history of imperial powers manipulating markets for geopolitical gain. In 1971, President Nixon unilaterally decoupled the US dollar from gold, ushering in an era of fiat currency and vastly expanded monetary policy tools that have since been used