A new world of currency disorder looms. The Chinese renminbi can be a challenger to the US dollar, but it won’t replace it. By @martinwolf_
ft.com/content/f18cf8…
Pairs well with Chartbook #106 on the new buttresses of the $-system
adamtooze.substack.com/p/chartbook-10… https://t.co/7sY4y0WVdQ
"The labor market imbalance is what’s keeping the Fed from pausing. There are almost two job openings for every unemployed
"The labor market imbalance is what’s keeping the Fed from pausing. There are almost two job openings for every unemployed American." Highest rate of vacancies