Martin Wolf

speaker

495 appearances 3 recordings 1 series first heard Nov 2024 last heard Jun 2025

Martin Wolf’s voice in public audio — every appearance, attributed to the second.

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NAB Morning Call · Weekend Edition: A new world reorder, with FT’s Martin Wolf · 15 Nov 2024 podcast

But uh uh the the higher inflation plus the higher uh um dollar, which we I think is very clearly going to happen.

Together will undermine the competitiveness of American producers for world markets.

So you'll still get the trade deficits.

It'll come through a shrinkage on the export side, pretty obviously.

And the result will look he's going to start looking, I think, two, three years from now, maybe sooner, pretty damn chaotic.

What he can't do is expand the output.

But in the economy as a whole, when it's already a full employment, by this set of policies.

It can't be done.

It won't work.

It doesn't add up.

And the question is how do they respond when it becomes obvious that it's not going to work?

Well

This is where the question starts getting really intensely political, because along with all this, there's going to be a trade war of some kind, and uh lots of international friction, which will be very complicated.

And the trade war will really be messy because he's talk we're talking about trade diversion here because the tariffs aren't uniform.

So that is going to affect human

and uh um animal spirits more broadly.

The question to my mind is whether over the next two, three years, the the program we're seeing emerging, the economic program we're seeing emerging, the mass expulsion of millions of people will require enormous increase in coercion.

Possible use of the Insurrection Act to get

What I think we are pretty clearly seeing uh a likely subversion of core institutions, notably the jud the judiciary, the independence of the justice system.

The the proposal of Max Graitz as uh um attorney general is quite remarkable.

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