Heterodox
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...
Read More »Dr. Shelton Remains Outspoken: She Should Have Known Better —David Glassner
David Glassner lays the smackdown on Fed-goldbug Judy Shelton for failing to understand the basics of currency manipulation when they have been explained to her.Of course, President Trump has even less of an idea than his appointee, but in fairness he is not a PhD economist working in the field that expected to know about this matter in great detail.Uneasy MoneyDr. Shelton Remains Outspoken: She Should Have Known Better David Glasner | Economist at the Federal Trade Commission
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