butters
High on a Hill
- Joined
- Jul 2, 2009
- Posts
- 84,811
despite trump's declaration in 2020 that a strong dollar is a good thing, he's attempting to knock the buoyant economy under President Biden by saying the strong dollar's making America weak. like... wtf? (of course we know why)
Due to a mix of relatively robust growth in the U.S. economy and the Fed’s efforts to stamp out inflation with higher interest rates, the dollar is stronger today than at most points over the past 10 years.
“Our economy is going to hell. You have to see what’s going to happen with the way with the outflow of jobs, with the dollar the way it’s situated,” he said in a Thursday interview with the local Fox affiliate in Detroit.
https://www.msn.com/en-us/money/mar...1&cvid=c37e85c6a5614595df3289b6333b50d9&ei=76The Detroit interview follows a Politico report last month citing unnamed sources that Trump’s economic advisers are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term.”