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By saying that Janet Yellen “will have a lot on her plate in the coming months” (L.2-3), the author implies she will have too many issues to worry about or deal with during her chairmanship.
The word “creep” (L.22) refers to widening of the Federal Reserve’s mission in the post-financial crisis.
It has moved away from its sole original mission of supporting the financial system in times of crisis.
Its procedures to counterbalance the consequences of the government’s fiscal policy are a threat to the country’s economy.
The tapering changes made in 2013 showed the Federal Reserve is acting according to a global plan of financial restructuring.
It played an important role to lessen the disastrous effects during both the Great Depression and the Lost Decade in Japan.
Despite the wrong decisions taken by the Federal Reserve, the US economy is heading to stability.
The author compares the Federal Reserve’s post-financial crisis policy with the pre-financial policy which consisted of supporting asset markets financially whenever they were at risk.
Fed members differ as to what the goals for the Federal Reserve shall be from now on.
According to Makin, Americans are dissatisfied with the Federal Reserve because of its inability to cater for unemployment and slow economic growth.
The book explains the military and political tensions between China and Pakistan on one side, and India and the USA on the other.
The book scrutinizes the relationship between China and Pakistan as well as some of their internal issues.
Mutual interests between China and Pakistan include economic as well as military issues.
The word “wildest” (L.11) indicates that the claims the reviewer refers to lack basis or evidence.
Karachi has become ungovernable due to its warfare constant condition.
The book shows a view of the city of Karachi that is different from the media’s.
The book tries to clarify Karachi’s enigmatic situation.
The conflicts and violence in Karachi contrast with what happens in the country as a whole.
The books are connected inasmuch as the issues discussed in the first one influence Pakistan’s international relationships.
The two books approach political issues in Pakistan from an international perspective.

