United States Treasury Secretary Janet Yellen, an economic globalist, is seemingly waving the white flag on globalism, suggesting that economic nationalist policies will be “necessary” to reshoring supply chains to the U.S. from overseas.
During an online conference this week, Yellen admitted that it is so-called “protectionist” policies that will be vital in reshoring supply chains back to the U.S. to avoid the current ongoing crisis where supply chains have significantly disrupted the American economy.
“It’s possible that policies that people will describe as protectionist are going to be necessary in order to create the appropriate incentives to produce things at home,” Yellen said, according to Bloomberg.
Though admitting that an economic nationalist approach to supply chains will be necessary, Yellen stuck to her globalist mantra, suggesting that not all goods can be made in America...
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United States Treasury Secretary Janet Yellen, an economic globalist, is seemingly waving the white flag on globalism, suggesting that economic nationalist policies will be “necessary” to reshoring supply chains to the U.S. from overseas.
>
During an online conference this week, Yellen admitted that it is so-called “protectionist” policies that will be vital in reshoring supply chains back to the U.S. to avoid the current ongoing crisis where supply chains have significantly disrupted the American economy.
>
“It’s possible that policies that people will describe as protectionist are going to be necessary in order to create the appropriate incentives to produce things at home,” Yellen said, according to Bloomberg.
>
Though admitting that an economic nationalist approach to supply chains will be necessary, Yellen stuck to her globalist mantra, suggesting that not all goods can be made in America...
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