Intervention Imminent? Trump Cranks Up Currency War Rhetoric With New Dollar Tweets

Intervention Imminent? Trump Cranks Up Currency War Rhetoric With New Dollar Tweets

Donald Trump is worried about America's "great manufacturers". So worried is Trump about the American industries that he is, in some cases, undercutting with his adversarial trade policies, that he needs to bully and badger the central bank into delivering rate cuts in order to make sure the FX headwind from a stronger dollar doesn't hurt bottom lines. "As your President, one would think that I would be thrilled with our very strong dollar", Trump began, kicking off a series of comical mid-mor
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One thought on “Intervention Imminent? Trump Cranks Up Currency War Rhetoric With New Dollar Tweets

  1. Who can know what goes on in a deranged mind, but apparently our gameshow host/casino genius has bought into a feedback loop, where he thinks that super low interest rates and higher deficit spending result in America becoming a great place. The 2 models to ponder here are Japan and Venezuela. sadly, I assume that trump logic is not taking into account overlapping factors like currency dynamics, bond market dynamics, economic bubbles, deflation and all that crap that adds up to chaotic unpredictable economic behavior. Let’s say he has his buddy @ Treasury running some crazy Monte Carlo analysis that shows he can be as insane as he wants and that they can take yuge risks with economic policy, going bigger and bigger, batshit crazy — and the model says it works — but then, like all fine models, they didn’t see a need for another variable, which adds a whole new layer of complexity that needs to be fixed on-the-fly ASAP — and meanwhile, as markets freak out and people become increasingly afraid — afraid to make bets in the trump casino … and liquidity problems and deficit interest problems turn his model into a Zimbabwe shitstorm that Moody’s didn’t see, etc., etc

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