While President Trump‘s tariffs certainly are causing economic harm, they alone could not cause a recession had there not already been years of artificial credit expansion.
Organizations like the European Union and the United Nations are inventions of government elites and are designed to serve the interests of government elites. They centralize political power and do nothing to advance peace or freedom.
President Trump has declared today “Liberation Day,” because many of his tariffs come into force. His team is taking a gamble that either the law of supply and demand does not apply to trade or that the American public will be uncharacteristically fine with higher prices.
Bob responds to flawed arguments about trade deficits.
Bob argues that the only way to cripple Mexican drug cartels is through U.S. drug legalization, explaining how prohibition fuels violence and corruption while debunking common libertarian arguments about the drug trade.
