Donald Trump's economic masterplan
unherd.com
Donald Trump's economic masterplan
I’m playing everyone’s favorite party game: guess the Trump administration’s strategy. Like most of you, I have no inside information. But that’s what makes it fun. Here’s my best theory.
Some assumptions first:
1) They’re not crazy. There is a strategy. It doesn’t align with conventional... See more
Matthew Prince 🌥x.comBessent was hired to strengthen the dollar by doing the opposite of all the warning signs he saw in the British Pound.
Inflated housing markets, treasury yields, etc. all pointed to the big short that the Soros fund pulled off.
Bessent's obsession with the prices of homes and the interest... See more
Derek.x.comMr Trump’s dalliance with tariffs in his first term already shows that they did nothing to narrow America’s trade deficit. One reason is that the dollar tends to strengthen when tariffs are applied. The first-order effect of tariffs is to reduce American demand for imported goods, leading to less demand for foreign currencies. But when fewer... See more