So let’s just keep all trading amongst ourselves. Let’s only trade things, services, ideas amongst people like us.
Which countries do that today? North Korea is probably the best example, although even there people at the top get to trade goodies with foreigners.
And why draw the line for “people like us” at people within the USA? Why not trade only with people of the same physical appearance? Or only our own family? Let’s all become self-sufficient survivalists living in the desert.
I really don’t see why restricting trade is helpful. I can see how allowing more market-based currency prices would be helpful, and lower non-tariff and tariff barriers. But restricting trade? Why would it do any less damage than restricting trade amongst Americans?
