Warsh’s Challenges

May 20 2026. Oped at Washington Post. Their title is “How to protect the economy from Trump — and the ghosts of 1979,” but this has nothing to do with the President. (Must everything be Trump derangement?) Lower rates because AI is coming? Or fight oil and tariff inflation? How should the Fed react to fiscal pressure? What to do about broken models and forecsasts?

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The Iran War Doesn’t Have to Be a Rerun of ‘That ’70s Show’