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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (205312)4/21/2024 7:56:52 AM
From: TobagoJack  Read Replies (1) | Respond to of 217918
 
I trust you shall vote for the Trump?
Am asking my mom, who lives down the road from me, to vote for the Trump.
No ballot wasted.

asiatimes.com

Trump plan to devalue dollar a gift to China

Ex-president signaling he would seek to weaken the buck, a plan that would torch the dollar’s reserve currency status and stoke inflationary firesDonald Trump is signaling he may move to devalue the dollar if he wins the presidency. Image: X ScreengrabTOKYO — Donald Trump would make currency devaluation great again in a second term.

Surrogates for the former US President are telegraphing a strategy to weaken the dollar unilaterally to advantage exporters. As Politico reports, for example, Trumpworld is “actively debating” an Argentina-like pivot at the behest of advisors like Robert Lighthizer, Trump’s former international trade representative.

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Instead of “America first,” such a detour might do more to advantage China in the longer run.

If devaluation were a strategy for prosperity, Buenos Aires would be running a Group of Seven economy. Turkey and Zimbabwe would be booming. Indonesia would be giving China a run for its money as Asia’s biggest economy.

Sent from my iPhone