go to bed or go comb your hair

[Siete]

A report alleging that Donald Trump called his national security adviser in the middle of the night for guidance on whether a strong or a weak dollar is good for the economy has sparked criticism and ridicule across social media.

According to an article in The Huffington Post, citing two sources familiar with the matter, the US President called Mike Flynn at 3am local time seeking clarity on what a rising or falling currency actually means for the US economy. Mr Flynn reportedly told Mr Trump that he did not know.



Donald Trump called adviser at 3am to ask if it was good if the dollar was weak


better ask the garbageman, our leaders are clueless.

 

[Siete]

so, our self proclaimed financial guru doesn't know his ass from a hole in the ground.

gee, who knew.

 

[shockedcanadian]

It's not totally cut and dry. For the purposes of job creation, no question you want a weaker dollar to encourage foreign investment.

This is another example of fake news by the way. All of these "leaks" mean little. "Two sources familiar with the matter", right. They are trying to create paranoia within his camp to slow him down, the standard left-wing, socialist tactic, mastered by the Stasi in East Germany and embraced by other socialist nations like Canada. I see this is a British sourced article, I would put as much stock in this as I would in Britain reclaiming America.

 

[Siete]

It's not totally cut and dry. For the purposes of job creation, no question you want a weaker dollar to encourage foreign investment.

This is another example of fake news by the way. All of these "leaks" mean little. "Two sources familiar with the matter", right. They are trying to create paranoia within his camp to slow him down, the standard left-wing, socialist tactic, mastered by the Stasi in East Germany and embraced by other socialist nations like Canada. I see this is a British sourced article, I would put as much stock in this as I would in Britain reclaiming America.

dragging the dollar down to the same value as a peso or a yen is one way to lower the trade deficit ... but

Tumps a dumbass.

 

[ColonelAngus]

Only an asshole that doesn't know anything about economics would write the above article or post that article.

HERE IS AN ARTICLE FROM FORBES ON THE WEAK/STRONG DOLLAR ISSUE:

Is a Strong Dollar a Good Thing or a Bad Thing?

Is a Strong Dollar a Good Thing or a Bad Thing?

"A former Dallas Fed president, I cover the economy. I am a former president of the Dallas Fed and member of the FOMC 1991-2004. I'm also a former Chancellor of the Texas A&M University System 2004-2006. I was a CNBC Contributor and a Distinguished Fellow at the National Center for Policy Analysis 2007-2014. I had a 36 year career in the Federal Reserve, the last 14 as President of the Federal Reserve Bank of Dallas. I have a Ph.D. in Economics from the U.GA. I'm a board member of the Westwood Holdings Group and Beal Bank, and an economic advisor to Commerce Street Capital. I'm a former advisor to Protiviti, Inc., a global consulting firm.

You are probably way ahead of me on this, but I’ll say it anyway: It depends.

A rising or declining dollar both affect different groups in the economy differently. A rising dollar relative to the currencies of our trading partners generally makes our imports cheaper to our consumers and our exports more expensive to foreign buyers. That translates loosely into being good for consumers consuming imports and bad for exporters selling abroad. Whether that is a net positive or a net negative depends in part on the state of the economy. It’s probably a net negative if the economy has a lot of slack in it with low capacity utilization and high unemployment. Under those circumstances the trade effects won’t help the economy come out of recession and may make a recession worse. In saying that, I’m focusing on aggregate demand in the economy, which is lowered if exports fall relative to imports."

 

[Soggy in NOLA]

Unnamed sources.... Huff the Glue Post... whatthefuckever.

 

[Siete]

Only an asshole that doesn't know anything about economics would write this article or post this article.

HERE IS AN ARTICLE FROM FORBES ON THE WEAK/STRONG DOLLAR ISSUE:

Is a Strong Dollar a Good Thing or a Bad Thing?

Is a Strong Dollar a Good Thing or a Bad Thing?

"A former Dallas Fed president, I cover the economy. I am a former president of the Dallas Fed and member of the FOMC 1991-2004. I'm also a former Chancellor of the Texas A&M University System 2004-2006. I was a CNBC Contributor and a Distinguished Fellow at the National Center for Policy Analysis 2007-2014. I had a 36 year career in the Federal Reserve, the last 14 as President of the Federal Reserve Bank of Dallas. I have a Ph.D. in Economics from the U.GA. I'm a board member of the Westwood Holdings Group and Beal Bank, and an economic advisor to Commerce Street Capital. I'm a former advisor to Protiviti, Inc., a global consulting firm.

You are probably way ahead of me on this, but I’ll say it anyway: It depends.

A rising or declining dollar both affect different groups in the economy differently. A rising dollar relative to the currencies of our trading partners generally makes our imports cheaper to our consumers and our exports more expensive to foreign buyers. That translates loosely into being good for consumers consuming imports and bad for exporters selling abroad. Whether that is a net positive or a net negative depends in part on the state of the economy. It’s probably a net negative if the economy has a lot of slack in it with low capacity utilization and high unemployment. Under those circumstances the trade effects won’t help the economy come out of recession and may make a recession worse. In saying that, I’m focusing on aggregate demand in the economy, which is lowered if exports fall relative to imports."

so not knowing a damn thing you quote Forbes ... good boy.

recession recoverys.. weak dollar
consumer index .. strong dollar

if you don't want your money to buy more its fine by me.

 

[Little-Acorn]

According to an article in The Huffington Post

TRANSLATION: The usual liberals are cranking out their Fake News as fast as they can.

 

[Siete]

apparently RW's dont know either ..

must be a genetic mutation common to the species ...

 

[Soggy in NOLA]

According to an article in The Huffington Post

TRANSLATION: The usual liberals are cranking out their Fake News as fast as they can.

Get used to it... we're gonna have 4 years of carp, unnamed sources, etc.

 

[Siete]

According to an article in The Huffington Post

TRANSLATION: The usual liberals are cranking out their Fake News as fast as they can.

Get used to it... we're gonna have 4 years of carp, unnamed sources, etc.

yup, 4 more years of carp.

stop eating at LJS.