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Tag Archives: deficit
Chinese Trade Deficit
China’s March trade deficit is a direct result of their inflationary policy, not of any changes in manipulation of the yuan. The effects of impoverished manufacturers is finally being seen. Continue reading
Posted in Current Events
Tagged Bubble, China, deficit, dollar, economy, inflation, manufacturers, mercantilism, trade, weak, yuan
1 Comment
Roosevelt’s Recession of 1937
Roosevelt’s Recession of 1937, which saw the unraveling of supposed economic growth in the prior years, is oftentimes used as an historical example of what occurs when government decreases spending levels or the central bank fails to continue credit expansion. The use of this event to exemplify these things is disingenuous. More accurate lessons can be drawn, which show that only the market can fix itself. Continue reading
Dan Mitchell: Deficits are Bad, but the Real Problem is Spending
Dan Mitchell’s new educational video on public deficit and government spending. Continue reading
Posted in Videos
Tagged borrowing, Cato, Dan, deficit, Government, Hyperinflation, inflation, Mitchell, spending
8 Comments