MEGA – Trump is making the euro great again
MEGA – Trump is making the euro great again
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When traditional interest rates fall to zero, central banks don’t stop influencing the economy. They simply become invisible. This is where the shadow rate comes in. The shadow rate is a powerful concept that measures the true stance of monetary policy when official rates can no longer go lower. It plays a critical role in…
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Above me, a ceiling of rough wooden branches and tarp. To my right, an officer in the French Foreign Legion types up the daily situation report. In front of me a French gendarme named David is standing in front of a table full of large assault rifles, pointing out locations on a paper map. A…
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