Hints and tips:
...Here’s how that looks, with the endorsement of Gary Grice himself:https://twitter.com/therealgza/status/1261990042924453888?...
...In fact, I’ve seen estimates that the US didn’t become an Optimum Currency area until well into the 1930s when the main pillars of the New Deal (e.g. Federal unemployment Insurance) were introduced....
...The big overarching theme is – a new central bank paradigm – going for (nominal) growth, whatever it takes/ aka the return of the (naïve) Phillips Curve....
...That coupled with the probable downgrading of UK creditworthiness, could lead a particularly unpleasant cocktail, aka a sterling crisis....
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