Chokepoints
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What happens when war shuts down the Strait of Hormuz? Mark looks at the economics and causes of a growing list of problems with the "chokepoints" of international trade: the Panama Canal, the Suez Canal, and Baltimore harbor. Will these chokepoints become scapegoats for the Federal Reserve, and could war closing the Strait of Hormuz become a genuine world crisis? Be sure to follow Minor Issues at Mises.org/MinorIssues. Get your free copy of Dr. Guido Hülsmann's How Inflation Destroys Civilization at Mises.org/IssuesFree.
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