4min chapter

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Global Macro in an Age of Great Power Conflict | Demetri Kofinas

Hidden Forces

CHAPTER

The Midterm Question Is, Is It a Two Party Phenomenon?

Both parties are responding to a public that feels increasingly fed up for different reasons. The media collectively stokes this kind of rage and angor again, the wealth divide s a huge one. And populism and those types of divergences are inflationary, you know, long term. But i just think it's a little bit more complicated when it comes to monetary policy because it's not clear what that policy response should or would be.

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