Diagrams

The Economics of Presidential policies

Assets

Liabilities

State BondsĀ 

Government BondsĀ 

Banksnotes

Stable Coin

Treasury Bills

Bank Reserves

Commercial Paper

Backing

Real Cash Balances

Cost of Holding Money

Demand

C_b
C_a

Transfer from note holders to bankers

M_b
M_a

Assets

Liabilities

\$50K \text{of Specie}
\$50K \text{of Gov Bonds}

From Investors

\$50K \text{of Specie}

Assets

Liabilities

\$50K \text{of Specie}
\$30K \text{of Gov Bonds}

From Investors

\$20K \text{of Specie}

Assets

Liabilities

\$50K \text{of Specie}
\$30K \text{of Gov Bonds}

From Investors

\$20K \text{of Specie}
\$25K \ \text{Mortgage}
\$25K \ \text{Banknotes}

Bank Issued

Assets

Liabilities

\$90 \ \text{of Specie}
\$100 \ \text{Assets}

From Investors

\$90 \ \text{Bonds}
\$100 \ \text{Banknotes}

Bank Issued

Quantity of Loans

Interest Rate

Demand

Supply

Money

Interest Rate

Supply'

Demand

Supply

Changes to Money Supply

Current

Future

Government Expenditure

Tax Revenue

President

Impose Tariffs

?

President

Impose Tariffs

?

Regulate Imports

President

Impose Tariffs

?

Regulate Imports

An Unusual & Extraordinary Threat to the U.S.

Treated

Control

\tilde{Y}_i(1)
\tilde{Y}_i(0)

Filled in Subsets Denote "Attrition"

Tom Thibodeau Fired

2025

Team Not Ready

Poor Strategy

Unpopular

Rick Carlisle

Fired

2003

Team Not Ready

Poor Strategy

Unpopular