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Regime of Uncertainty | Steve Hanke on Money Supply Shock, Tariff and Current Account, and Why Recession Remains Base Case For 2025

Monetary Matters with Jack Farley

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The Economic Consequences of Tariff Uncertainty

This chapter explores how varying tariff levels create uncertainty, influencing cautious behavior among investors and consumers. It also examines the broader economic implications of higher tariffs, including their role in reducing trade gains and overall economic activity.

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