The Mark Moss Show The Tariff Lie: Why Everything You’ve Been Told Is Wrong
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May 15, 2025 The podcast dives into the controversial topic of tariffs, questioning their reputation as harmful economic policies. It uncovers misconceptions about tariffs being mere taxes and highlights their broader impacts on global trade. The discussion reveals the complexities behind reshoring manufacturing, debunking myths around rising prices. Moreover, tariffs are framed as strategic tools capable of fostering economic growth. Finally, listeners are introduced to a 50-year investment cycle that aims to maximize wealth opportunities.
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Who Really Pays Tariffs?
- Tariffs payments are initially made by importers, not consumers or exporters.
- Importers will push costs back down the supply chain, often shielding consumers from price hikes.
Trade Retaliation Is a Myth
- Retaliation in trade disputes is less likely because strategic decisions prevail over emotional reactions.
- Nations prefer adapting to tariffs rather than escalating into full trade or military wars.
Comparative vs Strategic Advantage
- Comparative advantage theory assumes static economies specializing based on current strengths.
- Strategic advantage focuses on developing future capabilities and adapting to dynamic economic realities.