The article argues that the Federal Reserve's recent rate hike decision, while justifiable on inflation grounds, highlights a critical lack of an underlying, transparent policy framework. The core problem is that the Fed's decisions appear discretionary, leading to market uncertainty because the committee's judgment, rather than clear data, dictates policy shifts. The author proposes that the Fed adopt a formal monetary policy rule—an algebraic formula linking the target rate to indicators like inflation and unemployment—to replace subjective guidance. Implementing such a rule would provide market predictability, enhance transparency, and shield the Fed from political attacks by making deviations from the standard easily quantifiable.
A Conversation With Sebastian Gorka
English Summary
Dr. Gorka presents the Trump administration's counterterrorism strategy, positioning Iran as the principal global sponsor of terrorist networks funding both Shia and Sunni extremist groups, and arguing that Operation Epic Fury has substantially degraded Tehran's operational capability while ideological intent persists. The strategy prioritizes information operations (IO) as foundational counterterrorism, emphasizing the need to expose regime hypocrisy and terrorist ineffectiveness to erode support, paired with emphasis on state sovereignty as essential for long-term security. Key initiatives include rebuilding counterterrorism partnerships in Iraq and Syria post-operation, strengthening capacity in the Sahel and Lake Chad regions, and conducting sustained messaging campaigns to undermine terrorist recruitment and ideology.
中文摘要
葛卡博士呈述川普政府的反恐戰略，將伊朗定位為全球恐怖網絡的主要贊助者，該等網絡資助什葉派和遜尼派極端主義團體。他主張「史詩怒火行動」(Operation Epic Fury) 已大幅削弱德黑蘭的作戰能力，儘管意識形態意圖仍然存在。該戰略優先將資訊作戰 (IO) 作為反恐的基礎，強調需要揭露政權偽善及恐怖分子的無效性以削弱支持，同時強調國家主權對長期安全至關重要。關鍵舉措包括在行動後重建伊拉克和敘利亞的反恐夥伴關係、加強薩赫爾和查德湖地區的能力，以及進行持續的訊息宣傳活動以削弱恐怖分子的招募和意識形態。
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