Latest / The Julia La Roche Show
#386 Michael Every: Economic Statecraft Changed Everything, Old Playbook Is Dead, New Era Begins
Michael Every, Global Strategist for Economics and Markets at Rabobank, presents a radical framework: everything is now about economic statecraft and geopolitics, not traditional monetary or fiscal policy, meaning central banks, interest rates, and economic structures are all subsets of national security objectives. Central bank models are broken because exogenous geopolitical supply shocks (Iran war, Ukraine, COVID) constantly disrupt equilibrium assumptions, and the old playbook of managing demand through one global interest rate no longer works in a fragmenting world with different sectors…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.