Gerard DiPippo on the Russia Sanctions, Demographic Decline, and the Future of the Global Monetary System
Macro Musings with David Beckworth
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Economic Security Is National Security
I think a good test run, or a foretaste of what that might look like, would be the pandemic, right? We cut off supplies from china because of the pandemic and people were up in arms. Imagine losing access to your your newest iphone or eye pat ut. And that would be real pain and might lead to temporarily higher inflation. So it would have political ramifications here at home. My sort of half joke ote dark is it might be the case that under an extreme cenario, the us. Is able to reshore and try to build production capacity the last minute. But it takes time, and the parts to make those factories are themselves going
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