Your English writing platform
Discover LudwigExact(4)
Blaming China is less convincing than it used to be, not least because Asian wages have been rising fairly rapidly.Monetary policy impotence looks more convincing as an explanation.
Already, a Bank of America securities report has scoffed that keeping rates unchanged for so long has left the Fed suffering from "central bank policy impotence" – and no little blue pill in sight.
Alan Greenspan, the Fed chairman, took the notion of policy impotence a step further, asserting that there was nothing the central bank could reasonably do to avert or deflate a stock market bubble.
Their failure has become globally consequential and reinforces an impression of American foreign policy impotence.
Similar(56)
Presidents begin their term with the appearance of omnipotence but, unable to overcome opportunism based on skepticism about whether the delegative leader can deliver the goods, they fall prey to impotence and policy failure.
And the aftermath of the crisis — persistent low interest rates despite high deficits, impotence of monetary policy, major negative impacts of fiscal austerity — may not have been what most economists or government agencies predicted, but it's what they should have predicted; Econ 101 macroeconomics, as I often point out, has worked pretty well.
Mr Jospin, who earlier this year denounced France's Africa policy as a "combination of interference and impotence", now says he wants a "new partnership" with all Africa, English-speaking countries included.
But by 1960 Nasser had reduced the Baʿth Party to political impotence by means of repressive policies.
DfID doesn't do foreign policy".A further reason for the Foreign Office's sense of impotence is that it has been uncomfortable with the government's approach to the EU.
Nato's disarray over policy towards Saddam Hussein's Iraq has been compared to the League of Nations' impotence when confronted with Mussolini's invasion of Ethiopia in 1936.
But Mr Primakov's policy means Russia is more likely to be humiliated by its impotence than respected for its importance.The fall-out at home looks equally damaging.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com