We are engaged in a historic monetary/fiscal tightening. What could possibly go wrong?
1. i.r. wrong tool for a supply shock
2. Beggar they neighbor devaluation
3. Failure to reckon with global slack
4. Things break & we have nothing to catch the pieces!
nytimes.com/2022/10/04/opi… https://t.co/4PbUQyrtqQ
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,…