Trump is about to announce a new “safeguard” tariff but will likely leave out important details of how this “job creating” tariff will affect the consumer, none of which inspire confidence about the President’s new economic nationalist plans.
In this issue I discuss the causes of the gold inflow that fueled the post‐1933 recovery, and especially the part played by FDR’s decision to devalue the dollar.
It is reasonable to think that when dealing with the various economic and political challenges presented by China, it would make sense for the U.S. government to work with our many democratic allies around the world.