It makes political sense to use export taxes as a form of a domestic subsidy for basic necessities, and from a macro economic point of
A Rescue Plan for the Dollar By Ronald McKinnon and Steve H. Hanke The Wall Street Journal, December 27, 2007 Central banks ended the year
Perspective by Steve Hanke US Mercantilist Machismo, China replaces Japan The United States has recorded a trade deficit in each year since 1975. That is
Higher oil prices mean lower rates from the Fed, and higher inflation rates induced by shortages mean stronger currencies abroad. Why do I have so
Checked with our China economist, it appears that China’s export price has been rising since early 06. Compared to the price by end of 06,
Reminds me of the guy who loves money and wants to abolish taxes. I do think the push is now for a stronger $, however,