Reuters (August 10)
“The United States may be over the hump on inflation, but consumers aren’t acting like it. Spending is growing at the same pace as last year, and most Americans expect their finances to either stay the same or get worse…. Lingering restraint will stretch the power of price elasticity to its limits.”
Tags: Consumers, Finances, Growing, Hump, Inflation, Limits, Lingering, Pace, Price elasticity, Restraint, Spending, Stretch, U.S., Worse
New York Times (April 11)
“Even though globalization has its problems, the current fad for re-shoring production is likely to run into some limits…. If cutting the Russian economy off from the rest of the world and forcing it to produce everything it needs at home is a punishment to Russia, why would it be a good thing for the United States to try to become self-sufficient?”
Tags: Economy, Fad, Globalization, Limits, Problems, Production, Punishment, Re-shoring, Russia, Self-sufficient, U.S.
Barron’s (December 27)
“Megatrends, like aging and climate change, are forcing governments to take care of themselves, understanding there are going to be massive challenges. As a result, we’re starting to see the peak of globalization, meaning limits to the movement of free capital, goods, money, services, and knowledge.”
Tags: Aging, Capital, Challenges, Climate change, Globalization, Goods, Governments, Knowledge, Limits, Megatrends, Money, Peak, Services
Washington Post (September 16)
“In the era of cyberwarfare that’s now dawning, the rules of the game haven’t yet been established…. That’s why this period of Russian-American relations is so tricky. The strategic framework that could provide stability hasn’t been set,” but with recent encroachments “Russian hackers appear to be pushing the limits.”
Tags: Cyberwarfare, Hackers, Limits, Rules, Russia, Stability, Strategic framework, U.S.
Financial Times (May 2)
More needs to be done on fiscal and monetary co-operation. “The past few weeks have highlighted the limits of monetary policy expansion. The current framework combining quantitative easing and negative interest rates is offering rapidly diminishing returns because it is not producing the large, permanent increase in the money in circulation that would be required to turn inflation expectations around and lift the world economy out of deflationary deadlock.”
Tags: Cooperation, Deflationary deadlock, Diminishing returns, Economy, Expansion, Expectations, Fiscal, Inflation, Limits, Monetary, Negative interest rates, Quantitative easing
Financial Times (April 12)
“There are clear practical limits to cutting rates indefinitely; and in the eurozone at least, the policy may be close to its political limits. The question now is what should take its place…. Opponents of negative rates need to spell out the alternatives.”
Tags: Alternatives, eurozone, Limits, Negative rates, Opponents, Rates
The Economist (October 19)
“A deal that allows Iran to enrich uranium with strict limits would be better than no deal at all…. Allowing Iran to go on enriching uranium is not ideal. But the choices available are not between the good and the bad, but between the bad and the less bad.”