David Hume’s Insights Explain America’s Economic Decline
The Trump White House has enacted tariffs in the belief that other countries are “cheating” by enacting tariffs against US goods and “manipulating” their currencies. However, with the US dollar being the world's reserve currency, the US has engaged in dollar manipulation through inflation.
Original article: https://mises.org/mises-wire/mmt-and-us-history-redefining-chartalism
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