Protectionism and Free Trade

Many people fail to correctly distinguish between the causes and effects of price inflation and those of monetary inflation.

Neither the United States nor the European Union are so free of protectionist “sin” to cast retaliatory tariff stones at the other. 

The Chinese government has to present unbreakable strength, but they are more vulnerable to a trade war than they admit. 

As a trade war heats up between the US and the EU, both regimes rush to victimize their own populations.