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33 sats \ 3 replies \ @bitcoingecko 8 Jul \ on: The dollar's worst start to the year in decades charts_and_numbers
I have a feeling Trump wants the dollar to be devalued, so that US can manufacture things and export them. Just a feeling I have.
Yeah, maybe, that’s an old trick.
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Tariffs are indirect currency devaluation
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Exactly. But only when it is on everything.
It is a good tool to protect a industry. But it is now abused.
Funfact: the us was always fighting for a free market with no taxes. It accused other nations of violating free market rules by taxing foreign or subsidize its own industry. And now this.
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