Trump Says the Value of the Dollar is Great as it Declines 10% Over the Past Year

[Mac1958]

It'll take a little while to unload the Treasuries so the price doesn't freefall; but everyone has seen the US weaponise every system it controls and has seen the writing on the wall.

And they know they can't trust us to do the right thing in the future now. The trust is gone. That's why relationships matter.

Virtually every economic structure relies on some degree of trust between humans.

Obviously that's too complicated a concept for some.

 

[Mac1958]

The dollar is seeing its worst year since 2017 and Trump's comments caused it to sink another 1%. A declining dollar equals less purchasing power. If the dollar is doing great while it’s declining, Trump is here to kill the dollar as the world reserve currency.

This is kinda funny. In a sad, humiliating context. This guy is essentially saying that Trump's ignorant attempts to ruin the dollar are failing so far, because he's screwing up in other ways, and that there's no reason to take his words seriously anyway.

 

[citygator]

The US dollar sinks to a 4-year low and it’s off -11% since Trump took office suggesting a world wide loss of confidence in US financial stability.

When the U.S. dollar falls:

• Imported stuff costs more → inflation sneaks in
• Foreign investors want higher yields → borrowing gets pricier
• Oil & commodities jump even if demand doesn’t
• Travel, savings, and buying power shrink
• Dollar power weakens → sanctions & leverage fade

Dollar Index:

US dollar sinks to its lowest level in four years

Dollar drops against basket of currencies after Donald Trump brushed off concerns over slide

www.theguardian.com

The US dollar has fallen to its lowest level in four years after Donald Trump brushed off concerns over the currency’s fall, sending investors fleeing to traditional havens including gold and the Swiss franc.

The dollar dropped by 1.3% against a basket of currencies after the president’s comments on Tuesday, marking its fourth day of declines, then slipped by a further 0.2% on Wednesday morning.


“No, I think it’s great,” Trump said of the weaker dollar, during a visit to Iowa to promote his record on the economy. Asked whether he was concerned about the currency’s slide, he told reporters: “I think the value of the dollar – look at the business we’re doing. The dollar’s doing great.”

IMF prepares for global run on US dollar | Euractiv

The EU should issue more common debt to provide investors with an alternative safe asset to gold and US Treasuries, the Fund's managing director said

www.euractiv.com

The International Monetary Fund is preparing for the possibility of a rapid sell-off of US dollar-denominated assets, its managing director, Kristalina Georgieva, said on Monday.

 

[shockedcanadian]

Decades of record debt and the BBB which never made sense to me.

If they are going to find someone to hold the bag on these record debts it will be Trump.

 

[SweetTea]

The US dollar sinks to a 4-year low and it’s off -11% since Trump took office suggesting a world wide loss of confidence in US financial stability.

When the U.S. dollar falls:

• Imported stuff costs more → inflation sneaks in
• Foreign investors want higher yields → borrowing gets pricier
• Oil & commodities jump even if demand doesn’t
• Travel, savings, and buying power shrink
• Dollar power weakens → sanctions & leverage fade

Dollar Index:
View attachment 1212362

US dollar sinks to its lowest level in four years

Dollar drops against basket of currencies after Donald Trump brushed off concerns over slide

www.theguardian.com

The US dollar has fallen to its lowest level in four years after Donald Trump brushed off concerns over the currency’s fall, sending investors fleeing to traditional havens including gold and the Swiss franc.

The dollar dropped by 1.3% against a basket of currencies after the president’s comments on Tuesday, marking its fourth day of declines, then slipped by a further 0.2% on Wednesday morning.


“No, I think it’s great,” Trump said of the weaker dollar, during a visit to Iowa to promote his record on the economy. Asked whether he was concerned about the currency’s slide, he told reporters: “I think the value of the dollar – look at the business we’re doing. The dollar’s doing great.”

IMF prepares for global run on US dollar | Euractiv

The EU should issue more common debt to provide investors with an alternative safe asset to gold and US Treasuries, the Fund's managing director said

www.euractiv.com

The International Monetary Fund is preparing for the possibility of a rapid sell-off of US dollar-denominated assets, its managing director, Kristalina Georgieva, said on Monday.

Yeah, we know. A recession is coming, but we are still waiting on the massive inflation from the tariffs to come to fruition.

 

[citygator]

Yeah, we know. A recession is coming, but we are still waiting on the massive inflation from the tariffs to come to fruition.

It down 11% now. You don’t have to wait for any predictions to see that fact.

 

[toobfreak]

The US dollar sinks to a 4-year low

All thanks to the Left.

But you should be good to go, that just means it's back to Joe Biden levels.

 

[SweetTea]

And they know they can't trust us to do the right thing in the future now. The trust is gone. That's why relationships matter.

Virtually every economic structure relies on some degree of trust between humans.

Obviously that's too complicated a concept for some.

“Between” is the operative word here. Only in the minds of Democrats was Europe doing their part in our agreements between their countries and ours. I think you guys are just gluttons for punishment.

 

[Hafar1014]

How little you know....

Let's just say it will increase inflation...

Higher borrowing costs..

Inflation is slowing and we had 2 rate cuts

 

[Mikeoxenormous]

The dollar is seeing its worst year since 2017 and Trump's comments caused it to sink another 1%. A declining dollar equals less purchasing power. If the dollar is doing great while it’s declining, Trump is here to kill the dollar as the world reserve currency.

When you give free money to people who just sit at home doing nothing but taking welfare, then of course the value of the dollar goes down. That is what Cloward and Piven wanted some 60 years ago, to bankrupt the system with welfare and then take over the country in a communist way, that would really kill millions of people. Stop paying people welfare, soon social security is solvent again, the national debt goes down, the dollar becomes the powerhouse it used to be, and the democrat voters goes by the wayside. Working people do not like democrats who always lie about making life affordable.
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