UTime Limited

0.9316

+0.04154.66%

Volume:52.89K

Turnover:49.59K

Market Cap:3.36M

PE:0.00

High:0.9900

Open:0.9400

Low:0.9083

Close:0.8901

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Quasi-New Stocks+1.06%

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A true global currency might be the answer.America's international arrangements are too expensive for the country to sustain.These costs include security alliances in which America bears too much of the burden, the World Trade Organization  in which the United States offered low barriers to its market with little reciprocity, and a U.S. dollar -anchored global monetary system that requires large issuance of U.S. government debt to expand liquidity for global commerce.These challenges have given rise to three problems that the Trump administration has been looking to fix:. -- A burdensome national debt pays for an outsized military and to prop up domestic demand, drained by Americans importing more than exporting.To a more conventional economist, Miran's paper is full of contradictions. For example, while high tariffs would initially boost U.S.-based manufacturing, the existing global framework would ultimately come to 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