‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War

‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War

Well, Donald Trump has officially kicked off a currency war, it would seem. To be clear, trade wars and currency wars are to a certain extent just two sides of the same coin, but what was implicit is now explicit thanks to Trump's CNBC interview and Friday morning tweets. If you doubt that assessment, just ask the PBoC, which weakened the yuan fix by the most since 2016 on Friday just hours after Trump said the currency was "dropping like a rock" while suggesting the Fed shouldn't be hiking ra
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4 thoughts on “‘Dangerous’, ‘Excessive’, ‘Aggressive’: Donald Trump Starts Global Currency War

  1. I’m an expert on both political science and economics thanks to my high school diploma, and it’s plain to me and everyone else in Trumpland that the Fed is just showing its true colors as part of the sinister Obama-Clinton-globalist syndicate here. They’re in the tank for China for sure.

    If the Fed was really onboard with making America great again, they would lower interest rates to zero and give everybody a free $1 million loan.

    1. That’s brilliant. If the Fed can please start the loan process by sending me a million and then give me a 2 month window until they give everyone else theirs, it would be appreciated. Before it’s depreciated, anyway.

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