While President Trump‘s tariffs certainly are causing economic harm, they alone could not cause a recession had there not already been years of artificial credit expansion. If we’re ever going to see an end to recessions, we need first to understand what the true culprit is.
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While President Trump‘s tariffs certainly are causing economic harm, they alone could not cause a recession had there not already been years of artificial credit expansion.
Bob challenges the conventional wisdom around Triffin’s dilemma, arguing that persistent U.S. trade deficits aren’t necessary for dollar dominance—and that Ron Paul had it right all along.
The presidency—by which I mean the executive State—is the sum total of American tyranny. The other branches of government, including the presidentially appointed Supreme Court, are mere adjuncts.
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The purpose of the Journal of Prices and Markets was to improve the understanding of the role of markets in the economy.
Modern politics does not produce people of character and certainly there are few, if any, statesmen left on the scene. John C. Calhoun was an exception and his principled stands on freedom are still important today.
Calhoun emphasized the principle that the states were sovereign and independent and not merely the creation of the federal government.
If devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
Mises Institute President Thomas DiLorenzo joins NTD News to talk tariffs and trade policy.