Debt Downgrade Drama and the Budget
Moody's downgraded US debt, but markets barely reacted. Explore why, the $36T debt reality, and the political debate over tax cuts vs. spending. Can the US fiscal path be corrected?
Moody's downgraded US debt, but markets barely reacted. Explore why, the $36T debt reality, and the political debate over tax cuts vs. spending. Can the US fiscal path be corrected?
Market-believing economists had their long day in the sun during the 1980s and 1990s. But – ironically, in the long run, and long after he passed away – John Maynard Keynes got his revenge.
Is the dollar's recent dip a sign of its demise due to tariff policies? This analysis suggests the drop is linked to a surge in the US trade deficit, not a long-term decline. Discover why a stronger dollar may be on the horizon.
"Is Government Spending Inflationary?" explores the complex relationship between government spending and inflation. This post challenges the assumption that government spending directly causes inflation, examining the role of monetary policy and financing methods in determining inflationary outcomes.