fukhueson@lemmy.world to News@lemmy.world · 6 days agoWhat Trump’s win means for the Fed’s independencewww.seattletimes.comexternal-linkmessage-square8fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkWhat Trump’s win means for the Fed’s independencewww.seattletimes.comfukhueson@lemmy.world to News@lemmy.world · 6 days agomessage-square8fedilink
minus-squarejmcs@discuss.tchncs.delinkfedilinkarrow-up0·6 days agoIt’s completely different, Trump wants cut the interest rates and put at least 10% tariffs on all imports. If he actually follows through the current dollar denominations are going to be cheap toilet paper.
minus-squareemax_gomax@lemmy.worldlinkfedilinkarrow-up0·6 days agoAnd the rest of the world would have to find alternative currencies for trade. I expect China would be pretty happy over this.
minus-squareTransplantedSconie@lemm.eelinkfedilinkarrow-up0·6 days agoGreat Depression 2: Tariff Boogaloo
It’s completely different, Trump wants cut the interest rates and put at least 10% tariffs on all imports. If he actually follows through the current dollar denominations are going to be cheap toilet paper.
And the rest of the world would have to find alternative currencies for trade. I expect China would be pretty happy over this.
Great Depression 2: Tariff Boogaloo