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2024-09-09 23:33:43

gladstein on Nostr: Trump's monetary policy seems to be: 1) Devalue the dollar (to become more ...

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
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