Tariffs, Trade, and Truth: The Real Economics of U.S.–China Relations
In this episode, investor Hunter Craig sits down with Professor Edwin T. Burton of the University of Virginia to discuss the upcoming Federal Reserve meeting, its implications for interest rates, and what the Fed can — and can’t — control. Professor Burton offers his signature mix of sharp humor and deep economic insight as he unpacks the paradox of record-breaking stock markets amid mass layoffs, explores historical lessons from the 1929 crash, and shares his contrarian view on U.S.–China trade.
Episode Breakdown00:00–02:30 – The Federal Reserve’s Next Move
Professor Burton predicts a 25-basis-point rate cut and explains why the Fed is often following — not leading — the market.
02:30–06:30 – The Stock Market Paradox
While the economy remains weak for many Americans, the S&P 500 keeps setting records. Burton explains how a handful of tech giants are driving the illusion of prosperity.
06:30–11:30 – Lessons from 1929
Burton takes us back to the Great Depression, connecting historical monetary mistakes with today’s overexpansion of the money supply.
11:30–21:00 – Tariffs and China
A candid, controversial take: Burton argues that tariffs weaken American competitiveness and that trade with China is beneficial for both economies.
21:00–24:00 – Predictions and Final Thoughts
Hunter tests Burton’s track record on Federal Reserve predictions — and hears a hilarious confession about Burton’s stock-picking history.
Guest Bio
Professor Edwin T. Burton is a Professor of Economics at the University of Virginia, known for his expertise in financial markets, monetary policy, and behavioral finance. He is a sought-after commentator on the Federal Reserve, market trends, and U.S. fiscal policy. With a distinguished academic and professional background, Professor Burton blends academic rigor with real-world insight in every conversation.
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Disclaimer:
The information provided on this podcast is for educational and informational purposes only. It is not intended as financial advice and should not be relied upon as such. All opinions expressed by the hosts, guests, or participants are solely their own and do not reflect the views of any companies or organizations they may be affiliated with. We recommend that you consult with a qualified financial professional before making any financial decisions. Remember, investing and financial decisions carry risks, and it is important to do your own research.
Produced by Awkward Sage Media.
00:00 - Introduction to the Podcast
00:32 - Federal Reserve's Upcoming Decisions
03:18 - Stock Market Paradox
06:20 - Historical Economic Crashes
12:21 - Tariffs and Trade with China
23:12 - Conclusion and Final Thoughts