Great Depression 2.0 Warning: Economist Explains Ugly Side Of Tariffs | Steve Hanke

Limited Time 20% OFF deal on all Hoverpens and free shipping to most countries with code DAVIDLIN: North America / UK / Australia / International: https://bit.ly/davidlin_novium EU: https://bit.ly/davidlin_noviumeu Steve Hanke, Professor of Applied Economics at Johns Hopkins University, discusses the likely effects of Trump's tariffs on the economy and the U.S. dollar. Hanke also discusses his outlook for inflation and his views on the latest Bitcoin price rally. *This video was recorded on November 27, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW STEVE HANKE: Twitter (@steve_hanke): / steve_hanke Email: hanke@jhu.edu FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:55 - Smoot-Hawley vs. Trump tariffs 4:43 - Collapse in trade? 6:15 - Tariffs and unemployment rate 13:45 - Tariffs’ impacts on consumers 16:33 - Tariffs and the U.S. dollar 19:55 - China’s ultimate weapon 23:00 - Is inflation coming back? 30:20 - Department of Government Efficiency 42:10 - Scott Bessent’s 3-3-3 policy 47:33 - Bitcoin strategic reserve 54:10 - E-cash