>> The Honorable Stephen Miran is Chairman of the Council of Economic Advisers in President Donald Trump’s second Administration. On December 22, 2024, President Trump announced his intention to nominate Miran to be the 32nd CEA Chair, and he was confirmed by the Senate on March 12th, 2025.
Figured it was an interesting look into what the administration is trying to strategically do with the world economy, whether you agree or disagree with the goals and/or effectiveness.
>> There is a path by which these policies can be implemented without material adverse consequences, but it is
narrow, and will require currency offset for tariffs and either gradualism or coordination with allies or the Federal
Reserve on the dollar. Potential for unwelcome economic and market volatility is substantial, but there are steps
the Administration can take to minimize it.
"gradualism", "coordination with allies", are things that this administration is famously good at, so it's probably all going to work out /s
If you're curious about who the author is, you can find his White House bio here, under staff: https://www.whitehouse.gov/cea/information-resources/
>> The Honorable Stephen Miran is Chairman of the Council of Economic Advisers in President Donald Trump’s second Administration. On December 22, 2024, President Trump announced his intention to nominate Miran to be the 32nd CEA Chair, and he was confirmed by the Senate on March 12th, 2025.
Figured it was an interesting look into what the administration is trying to strategically do with the world economy, whether you agree or disagree with the goals and/or effectiveness.
>> There is a path by which these policies can be implemented without material adverse consequences, but it is narrow, and will require currency offset for tariffs and either gradualism or coordination with allies or the Federal Reserve on the dollar. Potential for unwelcome economic and market volatility is substantial, but there are steps the Administration can take to minimize it.
"gradualism", "coordination with allies", are things that this administration is famously good at, so it's probably all going to work out /s