Central banks. They control the money supply, set rates, and printed trillions then panic-hiked鈥攅very recession headline traces back to their whiplash policy decisions.
Central banks would take the blame. They control the cost of money, and when the whole system seizes up, everyone points at the people steering rates.
Central banks literally hold the levers to the global economy. If we hit a recession, it is entirely on them for mismanaging interest rates and printing too much cash.
Central banks, no question. They crank rates and flood markets with cash until the whole system snaps.
