Alex Scaggs of The Hedge (https://theehedge.substack.com) joins us to talk about the economic chaos unleashed on the world by… Fed Chair Paul Volcker between 1979 and 1982. This episode tries to make sense of the ongoing American trade war with much of the rest of the world - going into the history of the American grand treat bargain, how the character of manufacturing has changed, and the psychiatry of why the guy from Cantor Fitzgerald wants you to stop sending emails and start hitting the girder with the big hammer.

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