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Paul Williams comments on the impact of ambitious economic campaign promises, suggesting that declaring intentions to significantly grow the economy and outmaneuver opposition can have serious consequences.
The statement implies that such approaches in economic policy may lead to challenges or unintended outcomes.
Williams has previously noted that markets adjust to policy signals, such as shifts in rate hike expectations. In a recent article, he observed debate over additional stimulus checks while the U.S. president resisted further measures. The discussion followed market anticipation of new rate increases.