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: Show Notes Stock Market News, March 10, 2025: Nasdaq Falls 4% After Trump Doesn't Rule Out Recession by Caitlin McCabe and Krystal Hur—The Wall Street Journal Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call by María Paula Mijares Torres—Bloomberg Is the U.S. Heading for a … [Read more...]
322: Why Currency Exchange Rates Matter
How a nation's balance of payments impacts its currency exchange rate as evidenced by Turkey and other countries. Topics covered include: Show Notes Will Turkey’s new economic officials win over investors?—The Economist As the lira slides, what will Turkey’s central bank do?—The Economist A row between Turkey and Greece over gas is raising tension in the eastern Mediterranean—The Economist Turkey is wielding influence all over the Arab world—The Economist Turkey’s … [Read more...]
185: Are U.S. States Just Like Greece?
How Illinois and other states can suffer a debt crisis like Greece but why it wouldn't lead to an economic depression similar to what Greece suffered. In this episode you’ll learn: Show Notes State of Illinois Investor Presentation (page no longer available) Weakest eurozone economies on long road to recovery - The Guardian Market Reforms At Work in Italy, Spain, Portugal and Greece - European Commission Brussels faces up to challenge of letting Greece go - Financial … [Read more...]
MNY039 Plus: The Swiss National Bank Ends Its Currency Manipulation
In this week's Money For the Rest of Us Plus episode, we explore the shock that ran through currency markets this past Thursday as the Swiss National Bank announced it would stop trying to prevent the Swiss franc from strengthening. Within minutes the Swiss franc appreciated over 20% against the euro, inflicting losses on many investors. This is a classic example of what can happen when a country tries to manipulate its currency and then stops. The episode length is 15 minutes. (I … [Read more...]