On climate Fed has so far been quiet compared to ECB.
Why? 1. Mandate 2. Politics 3. Instruments 4. Pol econ. Powell is in a box. He could wiggle, but isn’t. Should he be replaced? Given midterms & priority for infrastructure/regulation it is a big risk.
greencentralbanking.com/2021/07/26/ada… https://t.co/3PPqwnimk2
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…