We might wish that Powell would be more forthcoming on climate.
But there is
1. mandate
2. GOP
3. Fact Fed doesn’t buy many corporate bonds
4. US political economy to reckon with.
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H/t @gilliantett
greencentralbanking.com/2021/07/26/ada… https://t.co/USDccyxlBb
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,…