Donald Trump's economic masterplan
unherd.com
Donald Trump's economic masterplan
There are multiple ways to increase capital at the bottom of the wealth pyramid.(...)The first solution is some form of nationalism, where countries enact tariffs and attempt to bring all production back to the country instead of producing it overseas.(...)
Tim Robinson • Universal Basic Income is Capitalism 2.0 | TimJRobinson
Ultimately, as I argue in this essay, these changes will increase the supply of fiat money and financial repression globally. These two things must happen because no US, EU, Chinese, or Japanese leaders wish to deleverage their system to bring it into a new sustainable equilibrium. Instead, they will print money and destroy the real purchasing powe... See more
Arthur Hayes • Trump Truth
My solution is that we should put in place tariffs on imports to offset what would be the overvaluation of our currency. These tariffs could come or go depending on the size of the deficit. They could also be flexibly applied to avoid unduly regressive effects on American consumers.
Robert Lighthizer • No Trade Is Free: Changing Course, Taking on China, and Helping America's Workers
These tariffs would still come with domestic risks. But for economists to suggest that the effect of tariffs in 1930 must be the same as today only shows how muddled most economists are about trade. The real lesson of Smoot-Hawley is not that the United States cannot benefit from tariffs, but rather that persistent surplus economies should not impl
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