Regime of Uncertainty | Steve Hanke on Money Supply Shock, Tariff and Current Account, and Why Recession Remains Base Case For 2025
Monetary Matters with Jack Farley
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Fiscal Deficits and Economic Dynamics
This chapter examines the implications of a rising fiscal deficit linked to increased government spending, especially in defense, and critiques the absence of tax cuts. It explores the connections between fiscal and trade deficits, stressing the need for sustainable economic practices and market adjustments. Additionally, the discussion covers the strength of the U.S. dollar, China's currency policies, and the effects of recent monetary fluctuations and regulatory changes on bank lending.
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