The value of the US dollar, in the global market, is plummeting under Trump

[Thinker101]

weak, no substance

Don't leave me hanging, did you convert your dollars or not?

 

[mudwhistle]

Nothing you said makes sense. You don't have a clue what you are talking about.
Companies pass tariffs on to consumers, if they can still compete. If they cannot compete they pull out of the market assessing the tariffs. Their competition, in those marlkets, who were not competing because their prices were higher will take their business but the consumer will pay the higher prices.
In the US market, as we freeze out lower price foreign competiton through tariffs, the US companies will get the business but at the higher prices. US companies win. US consumers pay more.
Educate yourself.

Fuck you.

You're preaching to the choir.

Ever hear of supply and demand?

The reason that America will win in a tariff war is for one simple reason, shitforbrains.

We are the largest consumer market on the planet.

They have to come to us to sell their shit.

We don't have to sell to them.

China doesn't buy our shit.

They're fucked in a trade war.

And Americans are born consumers. Most of us have to have the latest tech...and it ain't made in China.

If we can't get it from somebody who has 100% tariffs on their goods, we can always buy from somebody who doesn't.

 

[mudwhistle]

Don't leave me hanging, did you convert your dollars or not?

Maybe the commie pr*ck wants to buy a bunch of these:

 

[ElmerMudd]

Fuck you.

You're preaching to the choir.

Ever hear of supply and demand?

The reason that America will win in a tariff war is for one simple reason, shitforbrains.

We are the largest consumer market on the planet.

They have to come to us to sell their shit.

We don't have to sell to them.

China doesn't buy our shit.

They're fucked in a trade war.

And Americans are born consumers. Most of us have to have the latest tech...and it ain't made in China.

If we can't get it from somebody who has 100% tariffs on their goods, we can always buy from somebody who doesn't.

You continue to show you don't have a clue about what you are talking about.
That is, probably, why you voted for Trump.
You are better off keeping your mouth shut than to continue to show us you don't know what you are talking about.
Just say, I trust Trump, and move on.

 

[ElmerMudd]

Maybe the commie pr*ck wants to buy a bunch of these:

View attachment 1100149

You two have no clue how the international exchange rate works. If I was to convert or wish I had converted on jan 21, 2025 it would be for the Kuwaiti Dinar. Investing in international currency is like investing in any commodity market.

 

[Orangecat]

A tRumpling is never happier than when they find a typo. It's the one time for the day they know they are correct.

Not my fault you think “taught” and “thought” are synonyms. Perhaps you shouldn’t have dropped out of grade school.

 

[Moonglow]

Biden printed $1400 weekly checks, to the chagrin of democrats who wanted them to be $2000, thereby slicing the pie into smaller pieces and dropping the value of the dollar, and some democrat numbskull wants to blame it on trump.

Pssst:

Trump sent me three checks in 2020.

 

[BluesLegend]

You are an intellectual idiot. Here, I'll help. Do some research, just start with Brics.

I'm sorry but Dems have no interest in facts or the truth, only the twisted spun Dem narrative.

 

[BluesLegend]

In related news, the value of Dem propaganda has plummeted since Trump destroyed their party last Nov.

 

[ElmerMudd]

In related news, the value of Dem propaganda has plummeted since Trump destroyed their party last Nov.

You want to see value plummeting under the great Trump?

 

[ElmerMudd]

Maybe the commie pr*ck wants to buy a bunch of these:

View attachment 1100149

 

[luiza]

You are saying the economy will crash under Trump?

YES.
100% in his term and almost certainly this year.
But Trumpfy is in no way directly and specifically responsible as a Debt based system has to crash cyclically because it is inbuilt to do so .

Debt by definition cannot increase indefinitely .
It can only exist when debt can be repaid and / or lenders have sufficient faith that debt can be repaid at some acceptable point and in a mutually satisfactory way.


Our Debt system fails and collapses when an individual nation can no longer pay interest on its own debts and also run a thriving economy at the same time
Or , because one or more major players show they have lost faith in a nation and refuse to buy further Debt .
We are at this point now , and US failure equals total system failure because of the global inter- connectivity of the Debt creating institutions .

I can see no logic failure in this analysis and , far more importantly, it is widely shared among experts who are unrestrained from writing what they regard as the truth., and who are independent enough to be able to risk any pressures brought on them to change their public forecasts to less frightening ones .

I have only run across one way of avoiding this, and I had expected it to be made public by now .
Namely , monetise every hidden asset available, which means re-appraising and re-valueing all natural resources, and removing all development restrictions and difficulties .
In that way you could reasonably create $500 trillion .Possibly much more.
That could extend bankruptcy to way beyond the time any of us here will live to see .

This approach was first mentioned publicly to my knowledge by Jim Rickards who is a Trumpfy "buddy" -- so I believe .
And he and others will presumably have made sure that Mr T and his inner sanctum fully understand matters
imho .

 

[Nuthin' Fancy]

Biden printed $1400 weekly checks, to the chagrin of democrats who wanted them to be $2000, thereby slicing the pie into smaller pieces and dropping the value of the dollar, and some democrat numbskull wants to blame it on trump.

Trump again calls for $2000 checks as Covid aid bill ...​

NBC News
https://www.nbcnews.com › politics › white-house › tru...
Dec 26, 2020 — Trump doubles down on push for $2000 payments as stimulus bill remains in flux.

"Made many calls and had meetings at Trump International in Palm Beach, Florida. Why would politicians not want to give people $2000, rather than only $600? It wasn't their fault, it was China. Give our people the money!" Trump tweeted.

 

[mudwhistle]

YES.
100% in his term and almost certainly this year.
But Trumpfy is in no way directly and specifically responsible as a Debt based system has to crash cyclically because it is inbuilt to do so .

Debt by definition cannot increase indefinitely .
It can only exist when debt can be repaid and / or lenders have sufficient faith that debt can be repaid at some acceptable point and in a mutually satisfactory way.


Our Debt system fails and collapses when an individual nation can no longer pay interest on its own debts and also run a thriving economy at the same time
Or , because one or more major players show they have lost faith in a nation and refuse to buy further Debt .
We are at this point now , and US failure equals total system failure because of the global inter- connectivity of the Debt creating institutions .

I can see no logic failure in this analysis and , far more importantly, it is widely shared among experts who are unrestrained from writing what they regard as the truth., and who are independent enough to be able to risk any pressures brought on them to change their public forecasts to less frightening ones .

I have only run across one way of avoiding this, and I had expected it to be made public by now .
Namely , monetise every hidden asset available, which means re-appraising and re-valueing all natural resources, and removing all development restrictions and difficulties .
In that way you could reasonably create $500 trillion .Possibly much more.
That could extend bankruptcy to way beyond the time any of us here will live to see .

This approach was first mentioned publicly to my knowledge by Jim Rickards who is a Trumpfy "buddy" -- so I believe .
And he and others will presumably have made sure that Mr T and his inner sanctum fully understand matters
imho .

After Kamala lost the election the people running the Auto-Pen started sabotaging the economy. (That's what communists and Marxists do)

They wanted to have everything set up to look like a collapse even before Trump took office. So essentially, most of the damage has been done, and Trump is trying to reverse as much of the damage as possible in the first 100 days.

It's easy for the media to cause dips in the market because of their reporting. Uncertainty is was causes volatility. It also doesn't help when you have dozens of federal judges who think they are President.

Democrats are a terrorist organization responsible for acts of violence, murder, and sabotage. The only way to deal with them is either arrest them all or make sure they never spend another day in government.

 

[mudwhistle]

You want to see value plummeting under the great Trump?
View attachment 1100156

Another thing that's plummeting is inflation.

 

[mudwhistle]

You two have no clue how the international exchange rate works. If I was to convert or wish I had converted on jan 21, 2025 it would be for the Kuwaiti Dinar. Investing in international currency is like investing in any commodity market.

Wow. You're so smart.

 

[ElmerMudd]

YES.
100% in his term and almost certainly this year.
But Trumpfy is in no way directly and specifically responsible as a Debt based system has to crash cyclically because it is inbuilt to do so .

Debt by definition cannot increase indefinitely .
It can only exist when debt can be repaid and / or lenders have sufficient faith that debt can be repaid at some acceptable point and in a mutually satisfactory way.


Our Debt system fails and collapses when an individual nation can no longer pay interest on its own debts and also run a thriving economy at the same time
Or , because one or more major players show they have lost faith in a nation and refuse to buy further Debt .
We are at this point now , and US failure equals total system failure because of the global inter- connectivity of the Debt creating institutions .

I can see no logic failure in this analysis and , far more importantly, it is widely shared among experts who are unrestrained from writing what they regard as the truth., and who are independent enough to be able to risk any pressures brought on them to change their public forecasts to less frightening ones .

I have only run across one way of avoiding this, and I had expected it to be made public by now .
Namely , monetise every hidden asset available, which means re-appraising and re-valueing all natural resources, and removing all development restrictions and difficulties .
In that way you could reasonably create $500 trillion .Possibly much more.
That could extend bankruptcy to way beyond the time any of us here will live to see .

This approach was first mentioned publicly to my knowledge by Jim Rickards who is a Trumpfy "buddy" -- so I believe .
And he and others will presumably have made sure that Mr T and his inner sanctum fully understand matters
imho .

Trump has faced the same financial situation with several of his businesses. To solve the problem he declared bankruptcy leaving many small companies and indivduals, along with big banks, to suffer and absorb his debt. You are saying he will do the same for the USA. None of those businesses exist, after bankruptcy and Trump has billions. I assume he will exit the bankruptcy of our country with billions and will move to Russia.

 

[ElmerMudd]

Wow. You're so smart.

View attachment 1100264

Education was the single most significant predictor on who voted for Trump. The less education the more likely one was to vote for Trump. Makes sense he would eliminate the department of education. It was eroding his base.

 

[ElmerMudd]

Another thing that's plummeting is inflation.

Inflation did go down last month but the tariffs are predicted to increase inflation. That is one of the things spooking the stock market. We will see.

 

[mudwhistle]

Inflation did go down last month but the tariffs are predicted to increase inflation. That is one of the things spooking the stock market. We will see.

Yeah.....the same people that pushed Russian Collusion are predicting something

.

Ask me why I don't believe them.