THE DOLLAR ACCELERATES ITS FALL AFTER TRUMP'S STATEMENTS AND SILVER AND GOLD SOAR
💥TRUMP: I am not worried about the FALL of the DOLLAR. I think it is simply heading towards ITS FAIR VALUE
🗣"Japan and China HAVE ALWAYS DEVALUED their currency. Why don't we? I don't think the dollar has fallen TOO MUCH YET"
👉Basically, it seems that Trump's policy is to DEVALUE THE DOLLAR
Why would Trump want a DEVALUED dollar⁉️
🚢1. The engine of Exports ("Made in USA")
▫️If the dollar is too strong, American products (from an iPhone to soybeans) are expensive for the rest of the world
▫️By devaluing the dollar, U.S. products become "cheap" for foreigners
▫️This boosts local factories, reduces the trade deficit, and creates industrial jobs, a central promise of his economic agenda
⚔️2. The weapon against China and Japan
▫️Trump argues that other countries have kept their currencies artificially low for decades to flood the U.S. with cheap products
▫️His logic is: "If they play to devalue to gain market share, we will do the same to defend ourselves"
💰3. Liquidate the Gigantic Debt
▫️The U.S. has a debt exceeding $38 TRILLION. If you devalue the currency in which you owe that money, technically the debt is "easier" to pay (or at least its real value is liquidated)
▫️It is a subtle way for the State to pass the bill for its excesses to the rest of the dollar holders in the world
🤯Experts claim that, in light of this, a CURRENCY WAR may be looming in which China, the U.S., and other powers COMPETE to DEVALUE their currencies to be competitive