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Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the likely effects of Trump's tariffs on the economy and the U.S. dollar. Hanke also discusses his outlook for inflation and his views on the latest Bitcoin price rally.
*This video was recorded on November 27, 2024
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0:00) - Intro
1:55) - Smoot-Hawley vs. Trump tariffs
4:43) - Collapse in trade?
6:15) - Tariffs and unemployment rate
13:45) - Tariffs’ impacts on consumers
16:33) - Tariffs and the U.S. dollar
19:55) - China’s ultimate weapon
23:00) - Is inflation coming back?
30:20) - Department of Government Efficiency
42:10) - Scott Bessent’s 3-3-3 policy
47:33) - Bitcoin strategic reserve
54:10) - E-cash
