Geopolitics
The End of Forward Guidance: A Belated Reckoning for a Tool of Financial Imperialism
The Federal Reserve's pivot away from forward guidance under Chairman Kevin Warsh reduces artificial volatility suppression, a policy that historically exported financial instability to emerging markets, fueling destructive boom-bust cycles. This long-overdue shift represents a small but crucial step in dismantling a Western monetary framework that has systematically sacrificed the stability of the Global South for the convenience of Wall Street.
