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macroeconomics
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- johnky...
The U.S. Trade Deficit: Tariffs vs. Borrowing Less
When people talk about America’s trade deficit, tariffs often come up as the “solution.” Put a tax on imports, make them more expensive, and the deficit will shrink, right? The problem is that tariffs do not actually fix the underlying imbalance.... $10 trillion in Treasury Bills will be refinanced this year. $4 trillion in new government and corporate borrowing. Guess what happens then . . .?
Photo below - the "Joad" family (not their real name) ponder the loss of their home and retirement savings as they take to the family SUV in search of new opportunities.... - onBitcoin is now synthetically created, through options, derivatives, & ETF. Does that mean it’s endless, just like all the US dollars?by
the expansion of US dollar supply (fiat), bitcoin, US treasuries, and corporate debt obligations is a form of inflation. but i'm not advocating deflation....