
The end of Boris Johnson and the British Inconsistent Triplet
The David McWilliams Podcast
00:00
Is It a Smart Move by the C B?
The fed has been trying to bully the e c b into disinflation. Ocan i'll explain what's happening right bowad has gone very hawkish because american inflation is not just energy driven. American inflation is now in the system in the united states. But there is a mechanism through which the united states deflates, and it's the following rit: When the dollar rises rapidly, the price of all imported goods in the United States falls.
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