Articles
Immaculate Disinflation
Today I’m going to talk about immaculate disinflation — lower inflation without recession.
November 11, 2026
Published July 11, 2025
For decades, U.S. policy toward Africa has been episodic and reactive, treating the continent as a charity case rather than a geopolitical partner. That neglect has created space for China and Russia to entrench their influence, extract critical resources, and destabilize fragile governments. Yet Africa holds vast promise: abundant green energy potential, essential minerals, and the world’s fastest-growing workforce. As Beijing and Moscow pursue their multipolar vision, the U.S. must elevate its engagement by modernizing trade frameworks, reforming multilateral institutions, and investing in African-led peace and development. By supporting Africa’s agency, America can secure its own interests, ensuring democratic values, global stability, and economic growth in a region critical to the international order.
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The opinions expressed in this video are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.
© 2025 by the Board of Trustees of Leland Stanford Junior University.

Jendayi Frazer
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