Wednesday, June 26, 2019

Learn Economics Topic Eighteen


A central bank policy that attempts to fix all the nations with one policy has failed. The UK wants its GDP to grow, so it makes no sense to adopt the Euro.


A fifth of total banking activity in the entire world is booked in the UK. Derivatives and clearing houses and OTC trading is centered in London; how will Brexit affect the City of London?

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While I have supported some economic policy, it turns out that racism was a strong motivator for some of those policies. I oppose racism in all forms and prove my commitment by rejecting anything other than the Westphalia or Westfalia view of sovereignty, which is mutual respect for all nations by all other nations. 

Perverse sovereignty is as bad or even worse than excesses in globalization which gives banks power over governments. Both are ultimately bad for America. This blogger supports free trade and opposes a border tax. But government should be stronger in order to rein in big banks who abuse the people with toxic loans.

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