Donald Trump complains that they are undermining the supremacy of the dollar.
Henry Farrell (and Abraham Newman), “America Should Think Twice Before Replacing Sanctions with Tariffs,” Financial Times, September 19, 2024.
America Should Think Twice Before Replacing Sanctions with Tariffs – with Abraham Newman
Other Writing:
Essay
America’s Misuse of Its Financial Infrastructure – with Abraham Newman
THREE DECADES ago, a German history professor listed 210 proposed explanations for the fall of the Roman Empire. The remarkable array included such fanciful causes as Bolshevism, public baths, hedonism, the pressure of terrorism and, most famously, lead poisoning. The last explanation has been discredited. It is highly unlikely that lead water pipes caused the ...
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Essay
Crypto is a threat to the US Financial System
With Dan Davies – for the New York Times This has been a good week for America’s crypto interests. The Genius Act, which legitimates a kind of cryptocurrency called stablecoins, advanced in the Senate, and on Thursday, President Trump held a gala dinner for the top 220 holders of his $Trump memecoin. That doesn’t mean ...
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