It’s been a long time coming. From Trump’s first term in office as US President, when he waged a tariff and trade war targeted primarily at China, the world has been in a tread-and-trade-carefully mode. Now that he is back for his second term, he is doubling down on his unfinished agenda, of taking the… Continue reading What the Post Trump-Tariff World Economic Order Looks Like
As central bankers from around the world converge at Wyoming for their annual Jackson Hole conference in August, the question that struck me is should it be their responsibility alone to fight consumer price inflation that is raging across many parts of the world. Of course, a lot depends on what kind of inflation it… Continue reading Should Monetary Policy Alone Fight Inflation?
Peripatetic Perch 