Markets are incredible, wonderous things sending signals and incentives all across the globe and allocating resources always towards their highest valued use. Prices are the tool that reflect this and help us see and calculate. But the important word to hang onto in the above description is towards.
Day: July 14, 2021
Watch the Forest as Well as the Trees
It’s always important not to miss the forest for the trees. U.S. government announcements, such as its report of the turnover to the Afghan government of the seventh and last military base in Afghanistan, Bagram, should lead no one to think that U.S. foreign policy has changed worldwide or even in that particular region. Far from it.