The Counterproductive Trade War against China

More and more citizens – and, with delay, politicians too – have realized that our Western system requires fundamental reform. This includes, among other things, a long-overdue development of democratic mechanisms and greater balance in media reporting in the future – and thus finally the prerequisite for implementing the 1945 UN proclamation to replace wars with peaceful forms of conflict resolution.

After decades of rampant oligopoly rule, economic policy reform must revive a fair market economy (through tax justice and the reduction of bureaucratic hurdles), return the right to create money from private banks to the nation, and strictly limit the speculative casino economy with its derivatives and uncontrollable cum-ex trading.

When Trump, the beacon of hope, instead began his economic reforms with a trade war against China, he inadvertently played into the hands of his declared opponents. The owners and majority shareholders of large banks and other corporations have known how to profit from government regulations for centuries. These regulations, after all, ‘traditionally’ impose bureaucratic restrictions on small market participants and privileges on large ones. Import and export controls, tariffs, licenses, permits, and government privileges create the corruption-prone, often big-money-dominated environment in which oligopolies establish and earn their unfair extra profits – contrary to the rules of a fair, free market.

With his blunder, Trump has done a great favor to those who control global trade, including through their major shipping companies and import and export corporations. He has also given them a pretext to trigger potentially massive inflation in the United States. They can easily do this at any time by arbitrarily raising wholesale prices due to their oligopoly position. One example is the annual price increase by the pharmaceutical industry in the USA in January; insulin prices there are now 10 to 20 times higher than in some Islamic countries.

The bitter joke is: The financial establishment will use its media influence to blame Donald Trump for the rising prices and all other economic problems. But this will be extremely dangerous, because by undermining his authority, his peacemaking initiatives will be torpedoed. If polarization continues, a split in the Western world and thus a threefold division of the Judeo-Christian cultural sphere – Russia, NATO, and the USA – is emerging.

Furthermore, the development of internal unrest is foreseeable – initially in the USA; an escalation could lead to civil war and endanger the existence of the free democratic Republic of the USA. In contrast to the vast majority of citizens, such a perspective would have advantages for some individuals, particularly those with autocratic ambitions.

Trump’s well-intentioned approach of trying to solve America’s economic problems with a tariff war violates the eternal principle of free trade. This is demonstrated by the uncontrollable black markets, the practice of smuggling, bribery of customs and officials, and the violent crime that thrives in the shadow of an artificially created price gap.

Politicians and economists have reason to show more respect for the eternal rules of the free market and to refrain from bureaucratic intervention. As the parallel case of the many ecological ‘business relationships’ between different living beings shows (examples: berry bushes and birds, or flowers and pollinating insects), evolution has already used its mechanisms of mutation and selection over hundreds of millions of years, to develop species that live in harmony with these laws.

Humans have the intelligence to find such harmonious solutions within a much shorter timeframe – as long as they are free. Under autocratic influences, however, militarism, with its brutal selection, ‘helps’ them find a different path – the one to the graveyard of history.

For Israel as the attacked party, of course, a defense on the military level is unavoidable. But a victory on this level alone is not possible in the ambience of the false moral which is spread by biased media, the hostile UNO and swarms of disoriented NGOs. A much more intensive and effective moral and philosophical fight is required. This has to start with the insight, that not only Israel is under attack by an unholy alliance of a woke (say hypocritical) pseudo-ideology and political Islam, but the whole Judeo-Christian cultural area. – And ask, why is there no Ministry of Information in Israel?