Category Archives: Government Debt

When Budget Deficits Will Really Go Vertical

United States Secretary of Treasury Steven Mnuchin has a sweet gig.  He writes rubber checks to pay the nation’s bills.  Yet, somehow, the rubber checks don’t bounce.  Instead, like magic, they clear. How this all works, considering the nation’s technically … Continue reading

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Tax Reform and Trump’s Chinese Trade Deficit Conundrum

Most things come easier said than done.  Take President Trump’s posture on trade with China… Trump doesn’t want a bigger trade deficit with China.  He wants a smaller trade deficit with China.  In fact, reducing the trade deficit with China … Continue reading

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Why You Should Embrace the Twilight of the Debt Bubble Age

People are hard to please these days.  Clients, customers, and cohorts – the whole lot.  They’re quick to point out your faults and flaws, even if they’re guilty of the same derelictions. The recently retired always seem to have the … Continue reading

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Why Monetary Policy Will Cancel Out Fiscal Policy

Good cheer has arrived at precisely the perfect moment.  You can really see it.  Record stock prices, stout economic growth, and a GOP tax reform bill to boot.  Has there ever been a more flawless week leading up to Christmas? … Continue reading

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