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David Hume’s Insights Explain America’s Economic Decline
Manage episode 485365863 series 2663738
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.
Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
1405 episodes
Manage episode 485365863 series 2663738
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.
Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
1405 episodes
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