systematically being replaced by other races. he s not alone. why are these demographic fears going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on thei
going mainstream in countries around the globe? i ll talk to two experts. but, first, here s my take. president biden says that combating inflation is his top domestic priority. but he certainly isn t acting that way. he has in plain sight several members that would reduce inflation significantly, and yet appears hesitant to do them. as many distinguished economists have noted, the repeal of most or all of donald trump s tariffs would be the single most effective way of reducing inflation 2349 near future. as a reminder, a tariff is a tax on goods paid by the american consumer who buys those goods. it is by definition inflationary. it raises the price of the good like an imported car. but it causes even more inflation than that because it raises the price of the domestically made equivalent good as well. if a mazda sells for more, ford and general motors also raise prices on their cars. the reverse logic applies as well. if you cut tariffs, that also has a broader effect.
the massive benefits that have accrued thanks to dramatic and sustained reductions in the costs of crucial aspects of life such as food, clothing and technology. we are witnessing what happens when the economic winds move in the opposite direction, and costs start spiraling up. it might even make us all a little nostalgic for globalization. go to cnn.com/fareed for a link to my washington post article. and let s get started. on monday russia s deputy foreign minister declared that finland and sweden joining nato would be a mistake. on wednesday the nordic allies sent in their application. on friday the oil pipeline was shut off due to opinion dispute. the debate continues. is nato expansion a good idea? let me bring in the panel. charlie kupchan is a senior
sent in their application. on friday the oil pop line was shut off due to opinion dispute. the debate continues. is nato expansion a good idea? let me bring in the panel. charlie kupchan is a senior fellow on the council of fell foreign relations. and radoslaw sikorski was both foreign minister and defense minister of poland. he s now a member of the european parliament. charlie, let me give you a chance to start by stating your case, back in the early 2000s and late 90s, why were you opposed to nato expansion? let me set the record straight, i m now for it because of russia invading ukraine and sweden and finland are looking for more protection.
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