Mike Neumann and Dr. Tim Jurgensen discuss the impact of tariffs on trade, using a personal anecdote about Japanese beef as an example. They explore how tariffs are used to protect domestic industries and the broader implications for economic systems. The conversation touches on the historical context of tariffs, the concept of entropy in trade, and the cultural and economic factors influencing trade policies. They also delve into the adversarial nature of trade relationships and the need for mutual trust in negotiations. The discussion highlights the evolving nature of trade imbalances and the long-term effects of trade policies on industries.

Enjoy a bonus song at the end of the show, the value4value way!

Sara Jade - Hippies Raised a Cowgirl

Go Podcasting!

-- Mike