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Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse

Audio Mises Wire

Tags Economic Policy

07/09/2021Mihai Macovei

The chronic US trade deficit is a direct result of the dollar’s status as the world’s main reserve currency and unabated monetary increases in government spending. More tariffs won't change that. 

Original Article: "Thanks to Federal Megaspending, the Trade Deficit Has Only Gotten Worse"

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Contact Mihai Macovei

Dr. Mihai Macovei (macmih_mf@yahoo.com) is an associated researcher at the Ludwig von Mises Institute Romania and works for an international organization in Brussels, Belgium.

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