In this enlightening discussion, Jeffrey Christian, Managing Partner of CPM Group, shares his extensive expertise on tariffs and their complex implications for the economy. He warns against the dangers of tariffs, referencing the Smoot-Hawley Tariff Act and its impact on the Great Depression. The conversation dives into the potential for U.S. recession due to trade conflicts, the rising demand for gold amid geopolitical tensions, and the challenges of implementing gold-backed bonds. Christian also highlights the shift from dollar reserves to gold among Eastern European nations.