Slate News cover image

Slate Money | That Wack-Ass Tariff Formula

Slate News

00:00

Tariffs, Currency, and Penguin Politics

This chapter explores the intricate dynamics of currency markets and the influence of tariff policies on the U.S. dollar's value. It discusses how tariffs initially strengthen the dollar but may lead to its decline amidst recession fears, while humorously examining the absurdity of targeting economically insignificant regions like penguin islands. The conversation reveals the contradictions in economic theory regarding inflation, interest rates, and the bizarre outcomes of policy decisions.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app