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Money Rehab with Nicole Lapin

How US-China Relations Reaches Into Your Wallet with Fred P. Hochberg

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.4 • 1.4K Ratings

🗓️ 19 January 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

We've talked a lot about inflation on Money Rehab; but we haven't yet covered how US trade policy affects inflation. To dig into this topic, Nicole sits down with Fred P. Hochberg, who served as the Chairman and President of the Export–Import Bank of the United States under President Obama. Nicole and Fred talk about the role of the most important bank you’ve never heard of, Trump-era tariffs and the China of it all. To read more about Fred, and find his book on trade, click here: https://www.fredphochberg.com/ To learn more about the Export–Import Bank (including how to get $$$), click here: https://www.exim.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money rehab.

0:15.4

We've talked a lot about inflation and the forces that drive it.

0:18.5

Supply, demand, supply, chain.

0:21.4

If you're caught up on money rehab, you could probably teach an econ 101 class at this

0:25.3

point on these principles, but what we haven't covered yet is how US trade policy affects

0:30.7

inflation.

0:31.7

That's what we're talking about today with Fred Hawkberg.

0:34.1

Fred is one of the foremost experts on this topic in the world, really, and you'll hear

0:38.4

why in a second.

0:39.5

We talk about the role of the most important bank you've never heard of, Trump, Eriterefs,

0:43.9

and the China of it all.

0:45.4

Here's Fred.

0:46.4

Fred Hawkberg, welcome to money rehab.

0:51.3

Good to be here.

0:52.3

Good to see you again.

0:53.3

Good to see you again.

0:54.3

Good to see you again.

0:55.3

Good to see you again.

0:56.3

Good to see you again.

0:57.3

Good to see you again.

0:58.3

Good to see you again.

...

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