US Trade Deficits: Blame Nixon, Not China

Dr. Robert Murphy explains why America’s chronic trade deficits trace to Nixon’s 1971 gold exit—not China—and how a popular reading of Triffin’s “dilemma” confuses the issue.

Source: Mises Institute

Original URL: https://mises.org/podcasts/2025-supporters-summit/us-trade-deficits-blame-nixon-not-china