
US dollar is down almost 11% this year. But Trump is forcing the Fed to cut the rates, which would weaken the dollar further and increase inflation.
https://i.redd.it/0xcq8rtduykf1.jpeg
by wakeup2019

US dollar is down almost 11% this year. But Trump is forcing the Fed to cut the rates, which would weaken the dollar further and increase inflation.
https://i.redd.it/0xcq8rtduykf1.jpeg
by wakeup2019
11 comments
Is he forcing them? Or just trying to?
Look how much he bought bonds lately and you will understand why he is trying to cut rates…
A weak dollar is good for exports and tourism when you have a stable set of tariff and immigration rules.
Ohh right.
I don’t think the Fed is being forced. I think they saw that revision that showed almost no jobs created in the last 3 months and decided we’re at stall speed.
Lol. Buckle up
He wants the dollar weaker. This way buying American made becomes fiscally possible.
Trouble is, manufacturing isn’t moving back, so all he’s doing is eroding purchasing power
Buy gold.
Good, less US tourists crowding other countries… Also a great opportunity to other countries to start using other currencies for trade, like what the BRICS are doing
Stonks on sale tho
Trump cant force the fed to cut rates. They will be cutting in September because tarriff inflation is transitory and there is weakness in the labor market.
Stagflation here we come! Job market down, economy down, and inflation is up, the unholy trifecta
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