…the form of reserve balances. Reserve balances are not necessarily required reserves. (Which is why I would prefer a better term than “reserve balances.” Fed deposits?) Cross-posted at Asymptosis.  …

Purpose of trade policy in the summary Congressional Rsearch Service paper March 24 2010 caught my attention. U.S. trade policy is at a cross-roads as the Obama Administration and the…

…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…

…trade restrictions imposed by these agreements. So, how does one deal with claims of a theoretical ‘free’ trade versus what?, ‘restricted’, ‘constricted’, ‘protectionist’ trade? Do multi-national companies not have rules?…

…proportion of trade, so much of this money as lies still lessens so much of the trade. Yet another parallel between the texts of Graunt, Petty and Locke appears in…

…necessarily a one-to-one link between foreign demand for reserves and U.S. trade deficits are wrong. In fact, as I pointed out last week, America’s move into persistent trade deficits in…

…-4.1%.  But since the December, 2018 peak, the real trade balance has contracted -13.2%. When you look at the details of US real trade, the changes in trade stem largely…

…early years of the Biden presidency, trade skeptics such as U.S. Trade Representative Katherine Tai frequently clashed with trade enthusiasts like Treasury Secretary Janet Yellen. Biden quietly kept in place the tariffs…

RJS, MarketWatch 666 Summary: Trade Deficit Rose 22.3% to Record High in March on Higher Imports of Industrial Supplies & Materials and Consumer Goods Our trade deficit was at another…

…a function of trade policy. I would like to see a de-emphasis of the fear and a disconnecting of foreign trade equals free trade policy. I really don’t believe anyone…