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25min chapter
Controlling US Inflation, Global Trade, and the Future of India and Japan
"Econ 102" with Noah Smith and Erik Torenberg
WTO, Tariffs, and Geopolitical Trade Dynamics
The chapter explores the role of the WTO in managing tariffs and global trade rules, emphasizing that it acts as an agreement among nations rather than a policing entity. Discussions delve into the implications of protectionist policies, the trend of trade alliances aligning with political regimes, and strategies to address China's excess savings, including weakening the dollar. The conversation also covers the potential impacts of de-dollarization on global trade, inflation, and the rise of alternative assets like Bitcoin.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode