America might still be the world’s most powerful country economically, but by turning trade into a weapon, Washington may be accelerating the very redistribution of global influence it fears the most. The trajectory of power The most important shift in the US-China competition may not be the size of either economy today, but the direction […]

The Strait of Hormuz ultimately places Trump in a dilemma of choosing between only two ways to lose: to forgo it and bury his career, or to go through with it and bury the hegemony he claims to be preserving. In any case, these two options are inextricably linked, so that choosing one is implicitly […]

Senza conti pubblici credibili, alzare i tassi può aggravare l’inflazione. Ma assecondare il governo può compromettere la credibilità della banca centrale. La via d’uscita richiede un aggiustamento fiscale possibile e una rivendicazione d’indipendenza.

L'articolo L’indipendenza monetaria senza credibilità fiscale proviene da Lavoce.info.