Tag Archives: trade tariffs

Fire the Fed, Raise Tariffs, and Hope for the Best

President Donald Trump and Treasury Secretary Scott Bessent want lower interest rates so they can lower the financing costs of America’s massive debt. The net interest on the debt for fiscal year 2025 is on track to hit $1 trillion. Continue reading

Posted in MN Gordon, Stock Market | Tagged , , , , , | 1 Comment

From Strategic Retreat to Full Retreat

Starting another trade war with China without first having an alternative supply chain for REEs was exceptionally rash. Until America revamps its supply chains and begins producing more of these materials at home, China holds the upper hand. Continue reading

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Make Depressions Great Again

President Trump, with his Liberation Day tariff program, has started something that he cannot stop. The economic metamorphosis – a bifurcation between east and west – is already underway. Global trade is contracting. Supply chains are breaking down. Continue reading

Posted in Economy, MN Gordon | Tagged , , , , | 6 Comments

Trumpism and the Fading Dollar

Trumpism seeks to correct the symptoms of trade imbalances on the back end with tariffs rather than snuffing them out at the root cause with honest money and a balanced budget. Without honest money and a balanced budget, all attempts to correct the trade distortions are pointless. On the whole, they may make things worse. Continue reading

Posted in MN Gordon, Politics | Tagged , , , , , | 3 Comments