BY ASIA TIMES STAFF
Trump's tax cut bill and repatriation tax will result in significant in-flows to the US, benefitting the US economy as a whole and strengthening the dollar
BY DAVID P. GOLDMAN
When money gets tighter, stick with creditor countries rather than borrowers
BY DAVID P. GOLDMAN
Sudden rise in ‘real’ yields portends powerful headwinds
Martin Feldstein worries that policymakers will lack the fiscal- and monetary-policy tools to provide sufficient stimulus.
Robert Shiller asks why the US stock market has the world's highest cyclically adjusted price-earnings ratio.
Blockchain's Broken Promises
Nouriel Roubini pours cold water on the irrational exuberance that has driven cryptocurrency prices sky high.
Harold James thinks cryptocurrencies, like their predecessors, will be a key factor driving political destabilization.
Bronwyn Howell and Petrus Potgieter | AEIdeasBronwyn Howell and Petrus Potgieter explore what overlap exists between the technological and economic characteristics of bitcoin and other crytpocurrencies. The authors argue that as the transaction costs for bitcoin transfers increase, its appeal as a transacting currency decreases and the appeal of using alternative less-costly crytpocurrencies increases. The more crytpocurrencies there are, the harder it is to establish a basis for comparison of prices -- making the role of brokers crucial to the smooth functioning of cryptocurrency systems.