In 2021-2022 tightening, slow movement by Fed -> EM are ahead of curve. August Carstens of BIS “now they started very early on and what you can see is that they have managed to keep their exchange rates quite stable”.
ft.com/content/d189b2… https://t.co/jUq7d1lkSU
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…