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We should be fighting a trade war with China, not Mexico

…hole with only 25¢ coming back as purchases of our products. China, unlike Mexico, practices mercantilism, the strategy of maximizing exports and minimizing imports. The Chinese central bank bids up…

Greenspan Protesteth Too Much

…its right name dollar mercantilism. When trade is in balance, the workers of all trading partners benefit. Balanced trade is like barter; each partner gives up a bundle of goods…

Engine of our economy is….what?

…economic crisis. And, the most overt forms of protectionism may come into play. At the end of the tunnel, what will be the engine of our economy? Lifted from Legal-protectionism-new-mercantilism….

Protection from who? is the question

…Bear we are trying to expand the issue into a more accurate picture rather than a dichotomy of code words…see the most recent series on mercantilism, China’s domestic problems, and…

In Defense of the Apparel Quota

…one could argue that Asian Central Bank mercantilism is partly responsible for our current account deficit, but the Ben Stein claim that the Chinese Central Bank has a perfectly elastic…

Trade Deficits and Devaluation

…first Reagan term? Other bloggers have been noting recent Asian Central Bank mercantilism, which is a point I have not given sufficient credit to, but should. Effectively, the exchange rate…