Trump Says Dollar Too Strong

By: Curtis Wayne 0 Comments   3/3/2019

I was amazed to hear what Trump said about the Dollar and inflation in his two hour CPAC speech yesterday.

Trump said: "I want a dollar that does great for our country, but not a dollar that’s so strong that it makes it prohibitive for us to do business with other nations and take their business."

Trump is telling the world that he is planning for a weaker dollar, so that our businesses can grow and compete with other nations.  Trump said he has brought back 600,000 manufacturing jobs already and this is just the beginning.  But Trump is up against the global banking system that has been working to move jobs out of the US for decades. 

He even called them out in this national CPAC speech.

"We have a gentleman that likes raising interest rates in the Fed. We have a gentleman that loves quantitative tightening in the Fed. We have a gentleman that likes a strong dollar in the Fed.”

“Can you imagine if we left interest rates where they were, if we didn’t do quantitative tightening?"

In December, Trump tweeted "The only problem our economy has is the Fed," adding "They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders."

Trump is publicly calling out the Federal Reverse and their global policy to manage the economies all the nations. 

Trump is saying he rejects their global financial policy.  His job is to rebuild the US economy and stopping the 800 billion trade deficit we have because we don't product enough goods. 

If Trump gets his way, we are going to see inflation in imported goods that will drive the demand for US businesses to begin manufacturing our own goods.  

Trump is asking for a major wave of inflation, which will also have many negative consequences.

CPAC Speech

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