Tag: trade surplus
When Inflation is really Deflation
July 9, 2021
QUESTION: Why is the Fed doing so much Reverse Repo? Do you think it will hit $2 trillion? JE ANSWER: I understand that people seem to be talking up the reverse...
Interest RatesIs the Dollar Overvalued or Undervalued?
July 28, 2020
The latest claim running around is that the dollar is overvalued relevant to its trading partners, and it will decline as the economy recovers due to imports. You...
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