Trade Deficits Cost Jobs & Shrink GDP

by Spencer P Morrison, NEE On Monday the Trump administration announced that it would impose 10 percent tariffs on an additional $200 billion worth of Chinese goods—including many consumer goods which have been

Trade Deficits And Fiat Currencies

via Robert P. Murphy There is a connection between fiat currencies and trade deficits, and many cynics have argued that the US dollar’s status as global reserve currency allowed Americans to consume