HeyJaredThe Home-Groan Globalist
Dad Jokes, Macro Markets, Political Economy and Random Peeves
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- Aug 29, 2026
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- Aug 1, 2026
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Asymmetric sovereignty (opens the original)
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I just realized I had forgotten to post this here. Anyway, I had something in world politics review about a long-standing peeve – the US takes the concept Of sovereignty, far, more seriously on the occasions when it perceives itself as being the intrudee than it does when it is the intruder.I’m afraid the link runs out on Monday, but still. https://www.worldpoliticsreview.com/us-soveriegnty-icc-sanctions-one-way-street/?share-code=xbTfmqYskUJDHope you find it interesting.<
Highway to the Target Zone (3/25/2021) (opens the original)
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With intervention talk all over FX markets, I wanted to share one more old piece. I’ve mentioned a few different times that for more than a decade now, I have been trying to make the case for more frequent rule-based multilateral intervention in FX markets. Here is one of those efforts (migrating from Medium this time). Ever since Brazilian Finance Minister Guido Mantega used the phrase currency war in 2010 to refer to unwanted (by him) BRL appreciation in the wake of the Fed’s QE2, the term has
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