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thunderchief1
searching PlanetScale…
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by
thunderchief1
6y ago
"[The dollar system would transform] a nation of creative producers into a community of rentiers increasingly living on others, seeking gratification in ever more useless consumption, with all the debilitating effects of the bread and
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by
thunderchief1
6y ago
Pettis thinks tariffs imposed by America are a finger in the dike at best and highly distortionary at worst. Pettis's basic thesis is that there is a global savings glut driven by wealth inequality (Rich people save and invest; poor pe