

IMF doesn’t issue any currencies. You should read more than you think you know.


IMF doesn’t issue any currencies. You should read more than you think you know.


Why not?


This is why I advocate for a global minimum wage.


Unsurprisingly, some U.S. lawmakers are already trying to stop those cars from coming over the border.
Sen. Elissa Slotkin and Rep. Haley Stevens recently introduced the Protecting America from Chinese Cars Act, which aims to ban connected cars built or designed in China, as well as other adversarial countries like Russia and Iran, from entering the U.S.
This is something Ford CEO Jim Farley called for earlier this year.
“We should not let them into our country,” Farley said during an appearance on Fox & Friends, according to Bloomberg. “Manufacturing is the heart and soul of our country, and for us to lose that to those exports would be devastating to our country.”
Capitalists and CEOs: It’s not free market when I have to compete!
The problem is there isn’t actually centralisation on the global level, let alone harmonisation. Fiscal policies don’t work if there is no political streamlining. There is no such streamlining if there isn’t any grassroots and political will.
I’m speaking from the EU experience. The euro isn’t really causing problems. The difference is that the European Central Bank is regulated than IMF.