Tag Archives: trade deficit

Are You Prepared for the End of Fake Money?

Today we begin with a fundamental question: What is money? This, no doubt, is an important question.  And we ask it with clear intent and purpose.  Namely, we want to better understand how it’s possible for America to rack up … Continue reading

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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

Posted in Government Debt, MN Gordon | Tagged , , , , , | 130 Comments

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

Posted in Government Debt, MN Gordon | Tagged , , , , | 16 Comments

Trump’s Plan to Close the Trade Deficit with China

Jack Ma is an amiable fellow.  Back in 1994, while visiting the United States he decided to give that newfangled internet thing a whirl.  At a moment of peak inspiration, he executed his first search engine request by typing in … Continue reading

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