by Summary:
US President Donald Trump wants to compress the United States trade deficit and enhance the competitiveness of domestic manufacturers by using tariffs to raise the price of imported goods. And the fixed exchange rates he needs to achieve that goal are the real reason behind his nomination of Judy Shelton to the Federal Reserve Board.... Project SyndicateTrump’s Cross of Gold Barry Eichengreen | Professor of Economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund
Topics:
Mike Norman considers the following as important: fixed exchange rate, Gold Standard, Judy Shelton, mercantilism, Trade Balance
This could be interesting, too:
US President Donald Trump wants to compress the United States trade deficit and enhance the competitiveness of domestic manufacturers by using tariffs to raise the price of imported goods. And the fixed exchange rates he needs to achieve that goal are the real reason behind his nomination of Judy Shelton to the Federal Reserve Board.... Project SyndicateTrump’s Cross of Gold Barry Eichengreen | Professor of Economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund
Topics:
Mike Norman considers the following as important: fixed exchange rate, Gold Standard, Judy Shelton, mercantilism, Trade Balance
This could be interesting, too:
Mike Norman writes Trump’s Mercantilist Mess — Robert J. Barro
Mike Norman writes Gold Reminds Governments That They’re Still Not In Control — Jeffrey Snider
Mike Norman writes The Gold Standard Fell As All Currency Pegs Do — Martin Armstrong
Mike Norman writes On the Economy — Historical U.S. Trade Balance and Industrialization
US President Donald Trump wants to compress the United States trade deficit and enhance the competitiveness of domestic manufacturers by using tariffs to raise the price of imported goods. And the fixed exchange rates he needs to achieve that goal are the real reason behind his nomination of Judy Shelton to the Federal Reserve Board....Project Syndicate
Trump’s Cross of Gold
Barry Eichengreen | Professor of Economics at the University of California, Berkeley, and a former senior policy adviser at the International Monetary Fund