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PPP Now Determines RMB-USD: And if this trend holds it could threaten the USD’s reserve currency status — Philip Pilkington

Summary:
Philip Pilkington criticizes David P. Goldman's recent post, linked to previously here at MNE. Pilkington is an MMT-savvy economist. In his view, Goldman as the causality wrong, which one will recognize as a typical MMT correction of conventional economics.MacrocosmPPP Now Determines RMB-USD: And if this trend holds it could threaten the USD's reserve currency statusPhilip Pilkingtonhttps://macrocosm.substack.com/p/ppp-now-determines-rmb-usd?utm_source=url

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Philip Pilkington criticizes David P. Goldman's recent post, linked to previously here at MNE. Pilkington is an MMT-savvy economist. In his view, Goldman as the causality wrong, which one will recognize as a typical MMT correction of conventional economics.

Macrocosm
PPP Now Determines RMB-USD: And if this trend holds it could threaten the USD's reserve currency status
Philip Pilkington

https://macrocosm.substack.com/p/ppp-now-determines-rmb-usd?utm_source=url


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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