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Contra Krugman

Ep. 131 Trade and Tariffs, and Should We Fear a Strong Dollar?

Contra Krugman

Tom Woods

News, News & Politics, Business News

4.7822 Ratings

🗓️ 23 March 2018

⏱️ 39 minutes

🧾️ Download transcript

Summary

Krugman says Trump is surrounded by people who are wrong on trade: first, the neo-mercantilists, who view trade as a zero-sum game of winners and losers, and second, "neo-goldbugs," who favor a strong dollar and won't concede the merits of a weak currency.
 
Krugman isn't wrong about the neo-mercantilists, but he's wrong about plenty else....
 

Transcript

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0:00.0

Contra Krugman, episode 131.

0:05.8

Welcome to the podcast that takes apart Paul Kruikman's New York Times column.

0:10.5

Join us as Tom Woods and Bob Murphy teach economics by uncovering and dissecting the arrows of Krugman.

0:16.4

Nobel Prize winner, newspaper columnist, and destroyer of nations.

0:20.5

It's time for Contra Krugman.

0:24.5

Folks, you may have noticed it is impossible to have a rational conversation about guns these days.

0:30.3

The perfect time for my brand new ebook, your Facebook friends are Wrong About Guns.

0:36.3

Get your free copy at wrongaboutguns.com.

0:40.6

Hey folks, Bob Murphy here. You may have heard that over the years I've been working in what's called the Infinite Banking concept, or IBC.

0:48.1

And perhaps you wanted to learn more about it, but you thought, I'm just so busy. I don't have time for this.

0:52.4

Well, guess what? Nelson Nash, Carlos Lara, and myself, we have a new book out called The Case for IBC. It shows how households and business owners can effectively secede from our current banking system. Check it out at the case for IBC.com.

1:10.4

Hey, everybody, Tom and Bob here with another episode of Contra Krugman. I'm opening the show

1:14.8

in a more friendly way than I just did. I, we just, this is take two. I was a little bit

1:20.8

aggressive with the audience, so we're doing take two.

1:25.4

The guy used to be a neocon, you know.

1:28.6

That's right.

1:30.6

I can't change my stripes, right? You can take the Rothabardian out of the neocer or something like that.

1:33.4

Something like, yeah, who knows?

1:34.9

But anyway, listen, we're super, super glad that you're listening to this podcast.

1:40.3

And do please spread it around to your friends.

1:42.9

I'm sure you know somebody who thinks the idea of a Contra Krugman podcast is pretty darn sweet.

1:48.6

So do please do that.

...

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