London analyst Alasdair MacLeod tells Silver Doctors the U.S. and U.K.’s trade policies are slowing their economies…
Brexit and Trump’s trade policies show that political leaders are not using comparative advantage to their economic benefit. If China can make some goods cheaper, MacLeod says it is in America’s best interest to buy these goods from China.
Restrictions on trade hurt domestic consumers through higher prices.
China is not to blame for the U.S. trade deficit. The U.S.’s monetary and fiscal policies are the cause, MacLeod says.
About the Interviewer
Journalist Elijah Johnson, Co-Host of SD Weekly Metals & Markets, vaulted onto the economic scene after launching his “Finance and Liberty” YouTube Channel, to which he’s been called “the 16 year-old smarter than Ben Bernanke”. As one of the youngest sound money advocates around, with a eye on the national debt, the US dollar, and the gold & silver markets, Elijah is on a mission to warn and educate his generation about the risks of the current financial system, and what people can do to protect themselves.