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

Deficits Do Matter

by Michael Lebowitz The Federal Reserve (Fed) has increased the Fed Funds rate by 125 basis points or 1.25% since 2015, which had little effect on bonds until recently. Of