The IMF head just admitted that they didn't acknowledge the effects of too much money printing before.

The IMF (International Monetary Fund) head Kristalina Georgieva admitted that they did not know the effects of money printing before and were indeed too "short-sighted". With that just admitted their own mistake that caused decade-high inflation everywhere.

The official quote: "Sometime we act like we are eight year old playing football. We are all on the ball, we don't cover the rest of the field"

While I highly appreciate the honesty, it's a bit too late and now the question comes up whether the head of the fcking IMF really did not know how economics work? If yes then that's something to worry about...