Central Bankers Need New Strategies To Tame Inflation

Economy Has Unique Challenges Affecting Employment & Supply Chain The pandemic created supply chain issues, disrupted employment and small businesses while housing prices stayed high with insane, low interest rates. Besides, the Ukraine war contributed to higher gas and food prices. These events turned classic macro economic metrics upside down, but bankers seem to ignore […]

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Donald Trump’s Trade War Will Create Extensive Direct And Collateral Damage

Trump’s “made in America” crusade will produce unintended results. US firms could make in the US almost everything they need in the US. But some countries can make products as well as the US and at a lower cost. Thus, it is wise to let these countries produce those goods to lower consumers’ costs. That’s why Walmart off-shores, imports, then sells several products at prices people can afford. These imports are in the trade imbalance. Trade figures are unrealistic. They exclude the value of imports by US firms from off-shoring and later selling those items in the US.

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