David Lin: Great Depression 2.0 Warning, Economist Explains Ugly Side of Tariffs

In recent discussions surrounding the economic strategies of President Trump, particularly his approach to tariffs, concerns have arisen about the potential for a “Great Depression 2.0.” Steve Hanke, a Professor of Applied Economics at Johns Hopkins University, recently shared his insights on this pressing issue during an interview with David Lin. His analysis sheds light on the intricate implications of tariffs on the U.S. economy, the dollar’s strength, inflation dynamics, and the current cryptocurrency landscape. Hanke emphasizes that while tariffs might be designed to protect domestic industries and jobs, they often come with unintended consequences. The economist argues that the…