Tag Archives: trade war
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
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
Truth Shall Prevail
Year-to-date the S&P 500 is down 5.9 percent. Over this same time, the NASDAQ is down over 10 percent. Should you buy the dip? Should you sell the bounce? Continue reading
How The Trade War Ends
The quote “When goods don’t cross borders, soldiers will,” is frequently attributed to 19th century writer and free market economist Frederic Bastiat. While these specific words, strung together with this specific syntax, cannot be found in Bastiat published catalogue, their sentiments are of the type he would have likely endorsed. Continue reading
