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The David McWilliams Podcast

Trump, Tariffs & the Gold Rush: The McKinley Playbook

The David McWilliams Podcast

David McWilliams

News & Politics

4.6643 Ratings

🗓️ 6 February 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

What do Donald Trump and William McKinley have in common? More than you might think. In this episode, we dig into the economic and political legacy of America’s 25th president, the so-called Napoleon of Tariffs, and explore why Trump sees him as a role model. From trade wars to big business alliances, McKinley reshaped America’s economic landscape through protectionism and expansionism, laying the groundwork for the country’s rise as a global power. But his presidency also triggered a powerful counter reaction, one that led to the breakup of monopolies, progressive reform, and a seismic shift in U.S. politics under his unexpected successor, Teddy Roosevelt. How does McKinley’s era mirror today’s America? What lessons does his legacy hold for Trump’s economic vision? And how did a single gold discovery in the Yukon change everything? Tune in as we trace the hidden connections between past and present in America’s political and economic supercycle.

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Transcript

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0:00.0

John, quick update on the book club.

0:02.0

We are on the 24th of February.

0:05.0

We'll be the Zoom for the Live First Book Club.

0:08.2

Of course, it's humankind, a hopeful history by Rudgar Bregman.

0:12.0

And you should be now about chapter 13.

0:16.1

Part three or going to part four of the book.

0:18.7

We'll keep you updated.

0:19.6

But we will see you to discuss this

0:22.3

amazing book on the 24th of February. To be part of our exclusive book club, join up on patreon.com

0:31.4

forward slash David McWilliams, and we will read and learn together.

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