These wars appear also to have given its death blow to colonialism and to imperialism in its colonial form, under which weaker peoples were treated as possessions to be economically exploited. At least we hope that such colonialism is on the way out.
My family deals with those risks. The best I can do is talk to them about some of those risks. I'm not incredibly specific with them, especially with my kids.
Monetary policy itself cannot sensibly be directed at reducing imbalances.

