Category Archives: international

Senator Théoden* on Funding Ukraine

From The Hill:

“The only way this war ends is in a negotiated settlement. Every day that goes by while this war continues, more Ukrainians die, citizens and soldiers, more Russian conscripts die. I take no joy in that. More of Ukraine gets destroyed,” [Senator Ron] Johnson said. “So, the sooner that they reach a negotiated settlement, the better from my standpoint.”

Johnson said he thinks Russia will not lose the war against its neighbor to the southeast. The Wisconsin senator said he doesn’t “like that reality, but it’s true.”

In essence, because the Russian forces are so strong and effective (despite evidence accumulated over the past year and a half to the contrary), then we had best give up, and negotiate now, the sooner the better.

In this Foxnews clip from yesterday, Senator Johnson also talks about how a negotiated surrender would be one favorable to the Ukrainians because Putin would be afraid of a protracted guerrilla war.

More generally, Mr. Johnson wants more for border security in any agreement for funding Ukraine, Israel, and Taiwan.

* Théoden Reference is to reign during period of Grima’s tenure as security adviser.

 

Does the Fed Care about What’s Going On in the Rest of the World?

Ferrara and De Roux actually pose the question more tactfully, in their paper (Capturing international influences in U.S. monetary policy through a NLP approach)  presented at the ISF meetings here in Charlottesville. They look to see if in the FOMC minutes, international economic issues are mentioned in a way that, when converted to an index, shows up as statistically significant in a Taylor equation, and provide the answer “yes”.

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