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The Dollar See-Saws between Two Views on Fiscal Explosion

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Tags Big GovernmentEconomic PolicyTaxes and SpendingU.S. Economy

11/10/2023Brendan Brown

As the Biden administration ramps up new government spending—and budget deficits—to unheard-of peacetime levels, reality sets in. No economy and no currency can withstand this explosive assault for very long.

Original Article: The Dollar See-Saws between Two Views on Fiscal Explosion

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Author:

Brendan Brown

Brendan Brown is a founding partner of Macro Hedge Advisors (www.macrohedgeadvisors.com) and senior fellow at Hudson Institute. As an international monetary and financial economist, consultant, and author, his roles have included Head of Economic Research at Mitsubishi UFJ Financial Group. He is also a Senior Fellow of the Mises Institute. He is the author of Europe’s Century of Crises under Dollar Hegemony: A Dialogue on the Global Tyranny of Unsound Money with Philippe Simonnot. His other books include The Case Against 2 Per Cent Inflation (Palgrave, 2018) and he is publisher of “Monetary Scenarios,” Euro Crash: How Asset Price Inflation Destroys the Wealth of Nations and The Global Curse of the Federal Reserve: Manifesto for a Second Monetarist Revolution.

Original Article: 
The Dollar See-Saws between Two Views on Fiscal Explosion