Organized Devaluation
Interest rates are suddenly nearing 5%. It’s been the fastest, most aggressive rate hiking campaign in 40 years. And it may still have further to run.
Chiswick, London
February 8, 2023
This weekend, I zoomed out a little.
Instead of focusing on the latest news and data as I normally would…
I read a 500-page textbook on the history of economics. The fi…