you are viewing a single comment's thread
view the rest of the comments
[–] 13 points 1 year ago (1 child)

These are not bad things, if done thoughtfully and intelligently over time.

I don't think you realize the wealth it has given USA to be the #1 global reserve currency by far.
It's a giant economic interest free injection to the entire US economy.

I also don't think it's unthinkable, I think they could very well do it, because that's how stupid they are. The USD is down 15% since Trump became President, And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage. Completely disregarding it makes everybody poorer first and increases inflation.

  • source
  • parent
  • hideshow 1 child comment
  • [–] 8 points 1 year ago

    And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage.

    Yes, but also Trump has all his money in shitty crypto tokens and the Crypto Bros have him convinced that if the dollar tanks, $TRUMP will soar vs. the dollar.

    Our President is looking to actively tank the dollar for his own personal gain.

  • source
  • parent