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The Twin Deficits

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Manage episode 476605123 series 3252383
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
You’ve heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? In this episode, Mark Thornton untangles the truth behind the so-called “twin deficits,” revealing why trade imbalances aren’t necessarily bad, and how government borrowing distorts investment, fuels inflation, and weakens long-term prosperity. Mark cuts through the economic fog and shows what’s really dragging us down. Additional Resources “Trade Deficits and Fiat Currencies” by Robert Murphy: https://mises.org/MI_115_A “The Evil Twins: U.S. Federal Budget Deficits and U.S. Trade” by Jane L. Johnson: https://mises.org/MI_115_B “The Twin Deficits” by Gary North: https://mises.org/MI_115_C "A Dollar as Good as Gold" by Lewis E. Lehrman: https://mises.org/MI_115_D Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: https://Mises.org/Phoenix25 Be sure to follow Minor Issues at https://Mises.org/MinorIssues
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6040 episodes

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The Twin Deficits

Mises Institute

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Manage episode 476605123 series 3252383
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
You’ve heard endless debate about the trade deficit, but what about its evil twin, the budget deficit? In this episode, Mark Thornton untangles the truth behind the so-called “twin deficits,” revealing why trade imbalances aren’t necessarily bad, and how government borrowing distorts investment, fuels inflation, and weakens long-term prosperity. Mark cuts through the economic fog and shows what’s really dragging us down. Additional Resources “Trade Deficits and Fiat Currencies” by Robert Murphy: https://mises.org/MI_115_A “The Evil Twins: U.S. Federal Budget Deficits and U.S. Trade” by Jane L. Johnson: https://mises.org/MI_115_B “The Twin Deficits” by Gary North: https://mises.org/MI_115_C "A Dollar as Good as Gold" by Lewis E. Lehrman: https://mises.org/MI_115_D Join the Mises Institute on April 26 in Phoenix, Arizona, as we expose the danger and waste of bureaucracy: https://Mises.org/Phoenix25 Be sure to follow Minor Issues at https://Mises.org/MinorIssues
  continue reading

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