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Drones, Dictators & Debt: India Flirts, Ukraine Fights, Trump Takes on The Fed | GoodFellows

Is Indian Prime Minister Narendra Modi’s embrace of his Russian and Chinese peers a mere signal of his displeasure with American tariff policy, or the beginning of a deeper geopolitical realignment? The GoodFellows discuss the significance of Modi’s summitry with Vladimir Putin and Xi Jinping. This leads into a broader conversation about Ukraine’s durability, as its conflict with Russia becomes a predominantly drone war. Also discussed: the question of power-wielding in Washington—the American president derided as a modern-day fascist for his use of executive authority; the differences between Trump Derangement Syndrome in the past versus the present; the Federal Reserve’s independence (and sprawl); plus the merits of the federal government taking a 10% equity stake in chip manufacturer Intel. Finally, some bad news for our London fans: While the GoodFellows will be gathering in the UK’s capital city, there are no plans for a rooftop concert à la the Beatles atop their Apple Corps building.

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The opinions expressed 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.

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Hoover Institution

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

The Hoover Institution, officially The Hoover Institution on War, Revolution, and Peace, is an American public policy think tank and research institution that promotes personal and economic liberty, free enterprise, and limited government.

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