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(no subject)
Aug. 14th, 2018 12:23 pmImports from China have been keeping US inflation low. The current trade tariffs are especially bad because of the rising inflation in a booming economy.
https://fred.stlouisfed.org/graph/?g=kSi6
It's hard to find an economist more conservative than Robert J. Barro. For the record, here's his reaction to the tariffs:
https://fred.stlouisfed.org/graph/?g=kSi6
It's hard to find an economist more conservative than Robert J. Barro. For the record, here's his reaction to the tariffs:
To return to my musings about whether I support Mr. Trump, I recall a long ago assessment I made of President Nixon: He didn’t deserve to be impeached for Watergate but did deserve to be impeached for price controls. Similarly, Mr. Trump doesn’t deserve to be impeached for his myriad instances of political incorrectness, but he may deserve to be impeached for his trade war.
https://www.wsj.com/articles/i-wont-ride-the-trump-train-into-a-trade-war-1533767988
(no subject)
Dec. 22nd, 2006 03:34 pmIn the last century in the industrial countries there was much uncertainty as to whether a man could get money but very little as to what it would do for him once he had it. In this century the problem of getting money, though it remains considerable, has diminished. In its place has come a the uncertainty as to what money, however acquired and accumulated, will be worth.
Galbraith, Money, p. 3.
Galbraith, Money, p. 3.
