3min chapter

GoodFellows: Conversations from the Hoover Institution cover image

The Recession That Didn’t Bark | GoodFellows: John Cochrane, Niall Ferguson, H. R. McMaster | Hoover Institution

GoodFellows: Conversations from the Hoover Institution

CHAPTER

The Importance of Reputation in the Economic War

The U.S. is winning the economic war against China, but it's about shooting yourself in the foot by not changing its policy response to pressure. The Fed will keep raising interest rates because they know these lessons of foreign policy. What we do in Ukraine will determine a lot how aggressive the PRC is towards Taiwan. We are going to talk about what we do in the holidays.

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