Roundtable: Tariffs and Andrew Jackson and Pete Rose and I don’t know what the hell they are talking about

J:  Protective tariffs; bad idea, or REALLY bad idea? G:  “As the currency continues to weaken, it makes U.S. dollar-denominated assets cheaper for foreigners.” And here’s the full article: John, I don’t really understand…well, a bit, yeah…but the article is basically saying that trade deficits aren’t really a problem, especially when the US Dollar is the standard. I am thinking you agree, and I would appreciate your thoughts (although I may regret it). J:  The problem with trade deficits is that Trump thinks of trade (and most everything else, actually) as a zero-sum game. He thinks that if the US…

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