Inflation and interest rates: the US experience

Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?

Inflation and interest rates: the US experience

Sean Gervasi, 1992 lecture: The US Strategy to Dismantle the USSR

Source

Sean Gervasi, 1992 lecture: The US Strategy to Dismantle the USSR

Related RAND Corporation documents:

Economic factors affecting Soviet foreign and defense policy: a summary outline

The Costs of the Soviet Empire

Sitting on bayonets : the Soviet defense burden and the slowdown of Soviet defense spending

Moscow’s Economic Dilemma: The Burden of Soviet Defense

Exploiting ‘fault lines’ in the Soviet empire: an overview

Agenda of lies: PM slams groups creating false narratives to sabotage Funan Techo Canal project (Cambodia)

Prime Minister Hun Manet has lashed out at anti-government groups which are creating false narratives to sabotage the Funan Techo Canal project.

Agenda of lies: PM slams groups creating false narratives to sabotage Funan Techo Canal project (VIDEO)

Related:

US-Funded Radio Free Asia: Cambodia’s canal project would link its coast with the Mekong River

Stimson Center Funding Sources

Viet Ecology Foundation Tax Filings (only one from 2007)

Kim Sok

The Chinese ‘Debt Trap’ Is a Myth

The BRI is Not a Debt Trap!

Lighting Up the Gray Zone: The Philippines-Taiwan Counter-Coercion Toolkit

Perry World House’s Thomas Shattuck and Robin Garcia are out with an important new white paper which recommends the public release of visual information to counter China’s coercive activities, using the Philippines and Taiwan as examples. As the champions of “assertive transparency”, SeaLight enthusiastically welcomes this timely new scholarship!

Lighting Up the Gray Zone: The Philippines-Taiwan Counter-Coercion Toolkit

Perry World House is at the University of Pennsylvania, another university funded by the US government. I’ve updated my Project Myoushu document, to reflect the following:

The origin of Stanford University’s Gordian Knot Center for National Security Innovation. It’s sponsored by the Office of Naval Research, an organization within the Department of Navy. I saw it over at the Asian Century Journal, yesterday.

From a previous post.

Related:

Documents

Japan, U.S. and Philippines to discuss stronger military ties & US, Philippines to expand strategic port

Russians vote for Putin

For charts, see the original post.

Russians vote for Putin

Today Russians are set to head to the polls for their country’s presidential election over three days – with only one expected outcome. Incumbent President Vladimir Putin will win comfortably.  The Russian president is elected by direct popular vote. If no candidate receives over 50% of the vote, then a second round is held between the two most popular candidates three weeks later. It’s the first time that multi-day voting has been used in a Russian presidential election, as well as the first allowing voters to cast ballots online. 

Russia’s war economy is holding up.  Wages have soared by double digits, the rouble is relatively stable and poverty and unemployment are at record lows. For the country’s lowest earners, salaries over the last three quarters have risen faster than for any other segment of society, clocking an annual growth rate of about 20%. 

The government is spending massively on social support for families, pension increases, mortgage subsidies and compensation for the relatives of those serving in the military.  

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China’s economy is still far out growing the U.S. – contrary to Western media “fake news”

GDP data for China, the U.S., and the other G7 countries for the year 2023 has now been published. This makes possible an accurate assessment of China’s, the U.S., and major economies performance—both in terms of China’s domestic goals and international comparisons. There are two key reasons this is important.

China’s economy is still far out growing the U.S. – contrary to Western media “fake news”