How the Trump administration is using tariffs as a negotiating tool to weaken the U.S. dollar and increase the global competitiveness of U.S. manufacturers. Topics covered include: Why U.S. stocks are falling, and recession risk is increasing How the U.S. dollar as the reserve currency is becoming a burden on the U.S. How the Trump administration aims to reduce its trade deficit and make it less attractive for foreign governments to own U.S. assets What are the risks of … [Read more...]
409: What Is the IMF and Why Is It Controversial?
How the International Monetary Fund, the world's economic firefighter, works for global monetary cooperation and prosperity while using its own made-up currency, the SDR. Topics covered include: What was the Bretton Woods monetary system that led to the formation of the IMF and the World Bank How the World Bank and IMF differ What does the IMF do How the IMF creates its own money out of thin air Why does Argentina, the IMF's largest borrower, keep defaulting on its debt … [Read more...]
