A strong dollar is not good for Trump's America

[abomvubuso]

During his campaign, the president-elect was warning that a stronger dollar would diminish the competitiveness of US companies. But his election victory became a catalyst for an even stronger dollar. Partly because of his plans for expensive stimulus measures and state protectionism (here's the place where libertarians cringe).

Ironically, a

Comments

[luvdovz]

The rising dollar has a lot more to do with currency speculations and the currency wars than with Trump's election. He hasn't been sworn in yet, after all.

The US has well-rehearsed schemes for currency manipulations, which they frequently use to sabotage foreign currencies and make easy money by steering (or as they call it, "managing") debt. This has little to do with the president, or any potential protectionist policies that they may or may not intend to pursue.