Trump’s Plans for the Fed Would Revive 1970s-Style Inflation
Trump’s Plans for the Fed Would Revive 1970s-Style Inflation
Maurice Obstfeld thinks the presumptive GOP nominee’s policies reflect an outdated understanding of the economy.
He has plans for things?
Yes, he has. His plan is chaos and destruction. In those conditions people are busy fending for themselves and have no resources to keep him in check.
Thus no time to object to the looting of whatever America has left. Trump would give up Hawai'i to the highest bidder - as long as that bidder wasn't native Hawaiians. He gave up our spies to Putin and I got 2billion reasons to think Kushner sold Bonesaws how to make the bomb. He's selling law repeal, they'll be nothing left by 2028. Once the world realizes the looting is over they'll come collecting for the debt owed, and as the dollar collapses completely, this defunding our military (hard to have soldiers if soldiers can't buy food), that means America will go under the knife and lose sovereign territory. Like, the Chinese West Coast, Saudi Texas, Saudis¹q%qiana and Saudoklahoma
No need to worry about tariffs on Chinese goods if your currency is so weak nobody can afford them!