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wolfstreet.com | ||
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uneasymoney.com
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| | | | | Jason Furman has had an admirable career as an economist and policy adviser. He was on the staff of the Council of Economic Advisors in the Clinton administrations, was Assistant Director of the National Economic Policy under Larry Summers in Obama's first term served as Chairman of the CEA in his second. I am friendly... | |
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www.moneyandbanking.com
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| | | | | Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm... | |
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jacobin.com
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| | | | | What caused Donald Trump to walk back on many of his tariffs last week was not domestic pressure but a run on the market for US Treasuries led by large institutional savers. If US debt is no longer a safe asset, then American hegemony is also at risk. | |
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www.soberlook.com
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| | | In this recent post we discussed the seeming dislocation between levels of crude oil price (in this case WTI) and US equities (S&P500). S... | ||
