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www.soberlook.com
| | econbrowser.com
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| | neweconomicperspectives.org
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| | [AI summary] The post discusses the Federal Reserve's role in creating money to support economic activity and the implications for American democracy, focusing on Modern Monetary Theory (MMT).
| | www.calculatedriskblog.com
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| | A top ranked economics and finance blog with a focus on the housing market
| | www.manhattancontrarian.com
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| * It was back at the beginning of February that President Trump launched what I have called his "tariff gambit" - sequential edicts of flat-rate, economy-wide tariffs imposed against various of our trading partner countries. * The process began with February 1 announcements of blanket 10% tariffs on all goods from China, and 25% tariffs on all goods from Mexico and Canada. Since then, in a blizzard of activity, there have been multiple rounds of announcements on this subject: new countries added to the tariff edicts, increases or decreases in the blanket rates applicable to various countries or products, granting of exceptions and exemptions, postponements of announced effective dates, and more. It's more than just about anybody can keep track of. Here is an...