US EditionDo it yourself: Straitjacketing a crisis-2
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Do it yourself: Straitjacketing a crisis-2
Continuing from yesterday…(see here)As I mentioned that the old narratives of the Smoot-Hawley Tariff Act (Tariff protection for domestic businesses), New Deal (Fiscal profligacy to stimulate economy) and Plaza Accord (fiscal and monetary manipulation by government/central banks to balance trade) do not fit the current circumstances, given the vastly different context. The efforts to fit the current U.S. President’s economic actions (and promise…
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