Because apparently it bears saying again chipsgunsandmoney.substack.com/p/irans-ambush
🛢️ When oil is scarce and debt is binding: policy sequencing under a severe energy supply shock
If temporary monetary-fiscal coordination is feasible, it should be pre-committed, conditional and bounded by a published exit rule.
📑 Working Paper by Gene Frieda
🔗 buff.ly/XKrbNEd
#EconSky
Alluded to some of the flaws in the thinking of the pro-trade war camp here chipsgunsandmoney.substack.com/p/chinas-res...
More on trade and industrial policy sequencing
giftarticle.ft.com/giftarticle/...
And the show is just starting
They just let anyone say anything in the FT
Satsuki azalea bonsai, Erin pot
Yeah, basically www.ft.com/content/0212...
ALT: Confused White Guy Blinking
static.klipy.com
Don't take the bait — and don't put boots on the ground in Iran
NEW: US CPI inflation rose to 4.2% year-on-year in data released this morning, hitting the highest level since 2023 while increasing 0.5% month-on-month
Core CPI inflation rose to 2.9% year-on-year, increasing 0.2% month-on-month
