There are no benefits to be had from a weak dollar. None. To suggest there are is the equivalent of saying a basketball player benefits from a shrinking inch and foot that will make him taller in shorter feet and inches. Reality always intrudes. What’s true about length is true about money precisely because money […]
President Trump Owes His Base Strong Words About the Weak Dollar Read More »
When we look back on 2025 in 2030, rest assured that we’ll have forgotten or moved beyond what had us so scared in 2025. While what will happen next week is nearly impossible to predict, it’s much easier to predict that in March of 2030 the U.S. will be exponentially more advanced and richer
We Don’t Know What Will Happen, But We Do Know What Won’t Read More »
Washington Post columnist Catherine Rampell writes that Scott Bessent “is using all the budget high jinks at his disposal to produce a pseudoscientific plan that’s rosier, more magical and more paper-thin than the past several decades of GOP budget fantasies.” As a former macro trader, Bessent would no doubt share Rampell’s disdain for rosy economic plans after
The Capacity for People to Prosper Is Limitless Read More »
