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

Copyright © 2021 HowToSurviveARecession.com. All rights reserved.

Reader Comments

Be the first to leave a comment!
Write a Comment

Please keep comments civil and on-topic. Abusive or inappropriate comments will be removed without warning.

 Name (required)   
 Email Address (required)   
 Website URL 
Comment  
Eating The Hand That Feeds U.S.: Manufacturing Our Demise

The book portrays the de-Americanization of the U.S. manufacturing industry through the activities at DaimlerChrysler. A company that was once a part of the American social and economic solution - Chrysler - has become a global company that is a big part of the problem - Daimler. Goetzke explains what happen to the company and why thousands of jobs were lost. Goetzke then suggests that specific actions that must be taken to stop the global economy from creating a crisis economy in America.

Tactical Bible Stories: Personal Security Tips from the Bible

Navigating self-defense and Christianity can be tricky but Rob does a very good job. Rob shows how self-defense principle was being used at the time the scriptures were written. He covers training and gear, but also covers awareness, mindset and touches on avoidance and de-escalation as well. However, he makes it clear that your goal is to keep you, your family and friends safe; avoiding a fight if possible, but finishing it if it is brought to you, to meet your goal of keeping your loved ones safe.

Currency Wars: The making of the next global crisis

This is one of the best books to understand why the global markets are crashing. We are in a war, a currency war that has become global. Debts have never been this high in the history of the world. Central banks all over the world are printing massive amounts of money to support their debts. “Today the risk is the collapse of the monetary system itself—a loss of confidence in paper currencies and a massive flight to hard assets.” Then the process of globalization that started after WWII will reverse.

Crash Proof

Peter Schiff has predicted the economic hardship more accurately then any other economist in the world in this book. Everything from the housing crash to the credit crunch to the stock market. Peter has a plan to help you servive the crash. Peter explains why the Wall Street investment firms are still trying to sell you stocks, and was the house prices are likely to continue to decline for years to come.