America’s plan to fix its economy is going to screw over the rest of the world

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America's high interest-rate regime is out of step with the rest of the world, which is going to cause chaos for the stock market and economy. Getty Images; Alyssa Powell/BI We are once again at a crucial point in the world's economic recovery. Everything must go right, or global markets could turn violent. For the past four years, the world has been unified in its efforts to first ease the economic pain caused by the pandemic and then combat the historic bout of inflation that followed. When the pandemic set in, central banks around the world slashed rates to zero...