But inflection points, when households and businesses start to retrench all at once, are also tricky to anticipate.

Source: https://gazette.com/news/us-world/the-fed-wants-to-cool-spending-a-strike-a-shutdown-and-student-loans-may-add/article_22495723-73d0-55bb-88ce-a172335ab7db.html

“Kissinger and Nixon saw the need to, one, retrench, and two, lower the temperature when it came to the Cold War.

Source: https://foreignpolicy.com/2023/11/29/henry-kissinger-obituary-cambodia-war-crimes-secretary-of-state/