Trump's monetary policy seems to be:
1) Devalue the dollar (to become more competitive with manufacturing)
2) Force other countries to still use it (through a <checks notes> 100% tariff on countries who try to use other currencies)
Post-fiat historians will look back at these times with a lot of wonder and fascination
https://www.bloomberg.com/news/articles/2024-09-07/trump-pledges-100-tariff-for-countries-that-shun-the-dollar
gladstein
npub1tr…8hdpu
2024-09-09 23:33:43
Author Public Key
npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpuPublished at
2024-09-09 23:33:43Event JSON
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"content": "Trump's monetary policy seems to be:\n\n1) Devalue the dollar (to become more competitive with manufacturing)\n\n2) Force other countries to still use it (through a \u003cchecks notes\u003e 100% tariff on countries who try to use other currencies)\n\nPost-fiat historians will look back at these times with a lot of wonder and fascination\n\nhttps://www.bloomberg.com/news/articles/2024-09-07/trump-pledges-100-tariff-for-countries-that-shun-the-dollar",
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