I am a bit late with this. I have been jammed this week and just got to. It's an explanation of the Trump tariffs.
It's the brain child of Stephen Miran, chair of the Council of Economic Advisors. Miran lays it out in A User’s Guide to Restructuring the Global Trading System. Simplicius summarizes it briefly.
Bill Mitchell deals with this from the MMT point of view in today's post, which I linked to earlier.
Simplicius the Thinker
1 comment:
USD zombies currently freaking out due to Trump policies..,
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