CPA Letter to Secretary Yellen and Chairman Powell on Implementing a Market Access Charge
CPA sent the following letter to Secretary of the Treasury Janet Yellen and Chairman of the Federal Reserve Jerome Powell regarding implementing a new monetary
Can the MAC Make the Federal Funds Rate More Effective?
Background When inflation threatens America’s stability and economic growth, the Fed raises the Federal Funds Rate (FFR). This reduces domestic demand for borrowed funds, and
Wall Street Helps China Truck Service Raise $1.6 Billion
Chinese “Uber for trucking” company, Full Truck Alliance (FTA), raised $1.6 billion in an initial public offering in the United States with help from Wall
Yellen’s Failure on Currency Manipulation: “What She Said. What She Did.”
Yellen takes a pass on calling Vietnam, others, currency manipulators. That puts the onus on Commerce and the USTR to do something about it. Will they?
From Climate to China Dependency, Remapping Supply Chains Gains Traction Among Big Business
McKinsey has turned the corner on the Asia-centric model of globalization. It’s a “now-or-never” moment for US manufacturing. Here’s where CPA sees eye-to-eye.
Opinion | Biden jobs plan can be paid for by fixing overvalued U.S. dollar
President Biden is showing that he’s serious about his pledge to “Build Back Better.” His new $2.3 trillion “American Jobs Plan” offers a blueprint for
CPA Conference Day 1: “It’s The Dollar, Stupid.”
We all remember the famous line by Bill Clinton’s campaign advisor James Carville: “It’s the economy, stupid,” he said about what mattered most to voters.
Modeling the Effect of the Market Access Charge on Exchange Rates, Interest Rates and the US Economy
This Working Paper examines the impact of the proposed Market Access Charge (MAC) on international capital inflows into the US economy and the domestic US
Phenomenal World | The Class Politics of the Dollar System
CPA’s take: This well-written article explains why dollar hegemony and overvaluation is bad for US productivity and working-class people around the world. The global dollar
