Trump's Tariffs: Triffin Is Wrong, Ron Paul Is Right
In this episode, Bob breaks down the Triffin dilemma, explaining why it's wrong to assume that maintaining global reserve currency status requires ever-increasing U.S. trade deficits. He shows that America’s chronic deficits are driven more by government spending and fiat money than by global necessity, making the case that returning to fiscal discipline and sound money—not tariffs—is the key to reversing America’s economic decline.
Bob and Jonathan Newman on Misleading Charts: Mises.org/HAP495a
How Economists Evaluate Tariffs Versus Income Taxes: Mises.org/HAP495b
The St. Louis Federal…
The skinny
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