Quoth the Raven #354 - Tariff Talk: QTR on Rebel Capitalist With George Gammon

12 snips

Apr 4, 2025

In this discussion, George Gammon, host of the Rebel Capitalist podcast, delves into the complexities of tariffs and their disruptive effects on the economy. He questions the rationale behind targeting countries with trade surpluses and the potential fallout for American communities. The conversation also highlights the impact of economic policies on consumers, market dynamics in luxury goods, and the importance of understanding diverse perspectives, especially regarding Bitcoin and current market trends.

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INSIGHT

Discomfort and Change

Disrupting the status quo, especially in economics, causes discomfort.
People are conditioned to expect comfort and rising markets, making them panic easily.

INSIGHT

Trump's Tariff Rationale

Trump's tariff rationale is unclear, as he targets countries with no US tariffs and trade surpluses.
He claims trade deficits indicate cheating, yet tariffs countries where the US has a surplus.

ANECDOTE

Australian Tariffs

Australia has no tariffs against the US and the US has a trade surplus with them.
Trump still imposed tariffs, seemingly as posturing to renegotiate trade.

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This is from my appearance on Rebel Capitalist with George Gammon from Thursday April 3, 2025. I am appearing on George's show on some Tuesdays and Thursdays at 4PM EST. His streams can be found here: https://www.youtube.com/@RebelCapitalistChannel/streams

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