Economics In The Age Of Paper Money

  • The economic ecosystem, laissez-faire and exogenous shocks.
  • Globalization and the collapse in the cost of labor
  • Three kinds of Inflation
  • Why Interest Rates are zero: What determines interest rates in the age of paper money
  • Understanding the Flow of Funds
  • The End of Crowding Out
  • Quantitative Easing and Crowding In
  • The US trade deficit: the driver of global growth
  • Analysis of the US trade deficit. What could correct it?
  • Free Trade vs. Debt Financed Trade
  • Are trade tariffs inevitable? Who would be the winners and losers?
  • How the government manages the US economy
  • The evolution of US economic policy: 1945 to present

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