Ep. 276 Even Milton Friedman Slipped in His Defense of Trade Deficits
Bob Murphy Show
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The Implications of Free Trade
Bob Greene: I got into a back and forth with Aaron's Sepovada kui. He brought up the point that it has to do with Royal Reserve currency. Greene: They've actually just flipped the mercantilist fallacies on their head. The logic that Milton Friedman was espousing would convince you it was okay if we're thinking in physical terms, he says.
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