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TARP, Yet Again: Inflationary?

…the value is realized. Indeed, the only reason to fear inflation from TARP/TAF sources is if you expect a significant shortfall in the actual values, something for which you can…

In Partial Defence of Joe Wilson (R-Crazy)

…the official who approved the sale knew they would be used as weapons. In the Reagan era US arms sales to Iraq (by value) were lower than Danish or Brazilian…

The second part of the trade deficit: oil

…years. In theory, increased imports of manufacturers from China and petroleum should shift US employment from import-competing industries to export activities. Since export industries create about 10 percent more value