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Personal Finance and Investing

Bernardo de La Paz

(53,850 posts)

4. I don't think the plan is to ditch the dollar. But crypto will be pumped

Reply to Lonestarblue (Reply #2)

Wed Mar 5, 2025, 08:54 AM

Mar 5

A weak dollar makes US exports cheaper and imports more expensive. It is like a sneaky tax, a sneaky tariff.

It goes along with lowering interest rates. (Inflation be damned, I guess.)

Those two are the standard narrative for ordinary times. But like you, I have questions as to whether there are other hidden items on his agenda, or hidden thrusts.

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Highlight:

Is the White House trying to engineer a recession? This Wall Street pro explains the vision [View all] Bernardo de La Paz Mar 5 OP

It's classic disaster capitalism. sop Mar 5 #1

What is the next phase of Trump's economic agenda that requires a weak US dollar? Lonestarblue Mar 5 #2

I don't think the plan is to ditch the dollar. But crypto will be pumped Bernardo de La Paz Mar 5 #4

Is this sane washing Trump's behavior again? Raven123 Mar 5 #3

No, not sane-washing, I think. More like: that is their thinking however irrational it might be Bernardo de La Paz Mar 5 #5

Not trumps plan. Putins. mwmisses4289 Mar 5 #6

His ultimate goal is to make Americans poor and dumb bif Mar 13 #7