"Fed is currently in a conundrum”. They know black unemployment is still c. 7% but are facing very loud noise on inflation. @TaylorNRogers citing @BenjaminDulchin of @popdemoc
Was this trade off formulated in @FT this crisply in previous tightening cycles?
ft.com/content/3416e5… https://t.co/lgT6wWM01N
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter