The picture of what the US should be doing instead isn’t 100% clear to me. Should we be taxing foreign inflows while running the economy at full employment and focusing on target protections/industrial policy? Is that what you’re suggesting the article? Wouldn’t this spike inflation and treasury rates since foreign capital would be less likely to come in? If there’s another piece that deals with the ideal policy in more detail, please let me know. It’s great having this resource during this time!
The picture of what the US should be doing instead isn’t 100% clear to me. Should we be taxing foreign inflows while running the economy at full employment and focusing on target protections/industrial policy? Is that what you’re suggesting the article? Wouldn’t this spike inflation and treasury rates since foreign capital would be less likely to come in? If there’s another piece that deals with the ideal policy in more detail, please let me know. It’s great having this resource during this time!
Excellent analysis as per usual
Unrelated, but should we assume the Unbalanced podcast is dead? I don’t want to renew if so. Thanks