Season 76, Episode 903: Guest: Bill Mervin: What are Tariffs?

"Spend each day trying to be a little wiser than you were when you woke up."        - Charlie Munger

Everybody's favorite mortgage expert and the leader of the Bill Mervin Mortgage Team Bill Mervin is back on the show and today's conversation is about something we're all being affected by.  If you've been paying attention to the news over the past several months, you no doubt have heard about tariffs.  One of the most dominant news stories of the day is a financial puzzle that most people have a little information on, but are hardly experts on.  Bill and Jay are breaking down what tariffs are, what their purpose is, what the ultimate goal of the United States in enacting them, and what the strategy is behind enacting them.  We hope you enjoy this episode of The Culture Matters Podcast.