Tag Archives: china
Trumpism and the Fading Dollar
Trumpism seeks to correct the symptoms of trade imbalances on the back end with tariffs rather than snuffing them out at the root cause with honest money and a balanced budget. Without honest money and a balanced budget, all attempts to correct the trade distortions are pointless. On the whole, they may make things worse. Continue reading
How The Trade War Ends
The quote “When goods don’t cross borders, soldiers will,” is frequently attributed to 19th century writer and free market economist Frederic Bastiat. While these specific words, strung together with this specific syntax, cannot be found in Bastiat published catalogue, their sentiments are of the type he would have likely endorsed. Continue reading
Janet Goes to Guangzhou
The S&P 500 closed out Q1 2024, up over 10 percent. But while the S&P 500 was rising day after day one former highflyer was crashing and burning. The Boeing Company closed out the quarter down over 25 percent. Still, it wasn’t the worst performing stock in the S&P 500. That honor goes to Tesla Inc., which declined over 29 percent. Continue reading
Have We Entered the New Dark Ages?
There’s never a good time to spew printing press money into the economy. But the years 2020-21 were particularly bad. That’s because governments the world over locked down their economies for no good reason at all. Continue reading
