| Clip Of Monetary Policy and the Economy

Video Clip: Globalization, Protectionism and Demographics


President of the Federal Reserve Bank of Dallas, Robert Kaplan, discussed the benefits of globalization and how protectionism might increase some of the potential problems caused by demographics.

2 minutes


  • Demographics
  • Globalization
  • Integrate
  • Protectionism
  • Tailwind

Additional Resource

  • Bell Ringer: What are Tariffs and How do They Work

    Chad Bown, Senior Fellow at the Peterson Institution for International Economics, explained how tariffs work and some of their advantages and disadvantages. Using the example of President Trump's proposal for tariffs on steel and aluminum, he discussed the reason for and potential impacts of tariffs.