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#USDollar

9 posts8 participants0 posts today
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Public
Funny Money

It's happening faster than expected.

The whispers are now in the headlines. Trump want's Powell Out.

Powell's days are numbered at the Federal Reserve because he refuses to partake in the destruction of the US Dollar. The IMF are losing patience.

To be clear, Kamala and Trump were both given this mandate. Brace yourself for CBDCs.

#JeromePowell#Trump#banking
Public
SPQR

Americans used to call the Canadian dollar the Northern Peso. Yeah, third world America run by a tinpot dictator looks like it might be the actual Northern Peso.

"The dollar has lost almost 10 percent of its value since Inauguration Day, with more than half of that decline coming this month after the president’s decision to lift taxes on imported goods to their highest level since 1909."
#economics #FX #USdollar #trade
washingtonpost.com/business/20

The Washington Post · Investors dodge U.S. dollar and Treasurys, scared by Trump’s trade warBy David J. Lynch
Continued thread
Public
Funny Money

6/

Many nations before have experienced the same deflation of importance and influence. England, France, Spain, Portugal, China, and so on. And in each circumstance where a new global reserve currency enters the stage, there’s a greater chance of a transition through war, rather than a peaceful transition.

This leads to the present day and US President Donald Trump, who has stated that he does not like trade deficits.

#maga#trump#usdollar
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Austrian

"In recent days, we have read numerous articles about a possible agreement between the US administration and its main trading partners to devalue the US dollar. It has been named “The Mar-A-Lago Accord”, a concept inspired by the Plaza Accord of 1985, which aimed to devalue the US dollar to address trade imbalances. That plan failed." mises.org/mises-wire/devaluing #devaluation #tradedeficit #economics #politics #usdollar #maralagoaccord

Mises InstituteDevaluing the US Dollar: How to Make America Poorer Again | Mises InstituteIf devaluing the currency was a real measure of competitiveness, Argentina and Venezuela would be the most competitive nations on the planet.
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☮ ♥ ♬ 🧑‍💻

“The great American (#USA) cultural and economic #hegemony that has lasted for more than 80 years is coming to an end.

America's global economic #leadership was formalised in 1944, when 730 delegates from 44 allied nations met at the Mount Washington Hotel, in Bretton Woods, New Hampshire, and agreed to base the global trading system on the #USDollar, which would in turn be pegged to #gold.” — Alan Kohler

An simple example. Yesterday sitting down catching up and talking to my neighbour, electric cars come up and the US variety was booed (guess which one) , the CH version lauded (BYD). The world is routing around the USA economically, right now.

#Australia / #AlanKohler / #economics <abc.net.au/news/2025-04-07/tar>

ABC News · America is having a break with reality on tariffs. The world will move on to a new orderBy Alan Kohler
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