@DanielaGabor @NathanTankus @DavidBeckworth Thanks. This helps to clarify the basis of our disagreement. Dont you think the Fed's rate hikes, in the face of huge losses, is a change in the macrofinancial status quo? Wasnt Fed Put/assumption of financial dominance a key element of that status quo?
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,…