Alex Krainer tries to understand Trump’s tariff wars with China
Jerm and Alex discuss the ongoing tariff war, questioning if it’s a strategic move by Trump or just for show. They explore how Trump’s policies affect the US economy, the role of tariffs in trade, and the shift towards a multipolar world that could weaken the US dollar’s global status. Alex highlights the US economy’s vulnerabilities, especially foreign ownership of assets, and suggests a dual currency system. He stresses the need for US-China cooperation to benefit both in a multipolar world. Alex also critiques the Austrian School of Economics, pointing out flaws in its views on…
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