But we will need more data to conclude which story is right—which is what a datadependent central bank does to implement appropriate monetary policy. With that, I will stop talking, and I look forward to a robust discussion with lots of good arguments telling me I am wrong. References Robert J. Barro, David B. Gordon.
If anybody designs a lose-lose game for US and China, it hurts both countries, and designer himself will be in a dilemma whether the game should go on or not. Thus we have to choose and play a win-win game of free trade and anti-protectionism. BIS Review 54/2006  3