US dollar has worst first half in more than 50 years amid Trump tariffs

[sealybobo]

Cool, now you'll make more cold calls instead of hanging out on USMB.

Are you trying to deflect from the fact that prices are going up 9% you dope?

 

[defcon4]

Are you trying to deflect from the fact that prices are going up 9% you dope?

I thought you were good sport, sport.
Until the feds stop printing more and more fiat money it will keep going up. It is nothing to be happy about and you right about that.

 

[Man With A Plan]

Ah yes...another Tommy "Guardian" post! Do you not get tired of being shown up by Trump? All of the things you CLAIMED would happen if Trump was elected...didn't! The massive recession you CLAIMED would happen because of the tariffs...that didn't happen! You name it...Trump has either already fixed it...or is hard at work doing so! What are you going to post when this bill passes the House and the economy starts to boom? What are you going to post when Trump gets ceasefires in both Gaza and Ukraine? He's literally kicking your ass on practically a daily basis and if you got your news from somewhere OTHER than The Guardian...you'd know that!

 

[Stann]

Of course..... This is economics 101.
As the trade deficit narrows the dollar will weaken.... But that's not necessarily A bad thing.

Anxiety is also a reason. People are so concerned with these crazy tariffs they are simply putting off buying and / or not buying anymore. So it's not all pluses. The offsets match the gains.

 

[sealybobo]

I thought you were good sport, sport.
Until the feds stop printing more and more fiat money it will keep going up. It is nothing to be happy about and you right about that.

Fiat money now? LOL. Are you also a sovereign citizen?

 

[defcon4]

Fiat money now? LOL. Are you also a sovereign citizen?

No, SillyBoo. Fiat money is a term designated to "money" without commodity backing. Read the Austrian School of philosophy. Mises is the most well known among them.

 

[Dekster]

US dollar has worst first half in more than 50 years amid Trump tariffs

Currency sold off due to concerns economic policies threaten safe-haven role of US dollar-denominated assets

www.theguardian.com

Will this Trump win be celebrated by Ms Leavitt ?
I doubt it.
Maybe its time to bomb Iran again ?

Fortunately the ball and chain has us vacationing in a country whose currency is pegged to the dollar or I would be hating it now that the dollar is down 15% against the euro. Belize is always 2 for 1 come hell or highwater.

 

[Tommy Tainant]

Fortunately the ball and chain has us vacationing in a country whose currency is pegged to the dollar or I would be hating it now that the dollar is down 15% against the euro. Belize is always 2 for 1 come hell or highwater.

Europe is frying at the moment due to the climate crisi.s. Maybe Belize is the place to be ?

 

[sealybobo]

No, SillyBoo. Fiat money is a term designated to "money" without commodity backing. Read the Austrian School of philosophy. Mises is the most well known among them.

I know what it is. But are we really going that deep? We're going to go into the fact that the dollar isn't backed by gold?

You remind me of my brother in law. No matter what we are talking about, he takes it to a international level. Taxes, unemployment, supply and demand, doesn't matter what we are talking about it always takes him to a much bigger picture that has nothing to do with what we are actually talking about.

The dollar has the worst first half in more than 50 years is the topic and you're trying to talk about fiat money. LOL And ignore that this isn't a good thing and that Trump's policies have contributed to this. Fiat that.

 

[luiza]

Will this Trump win be celebrated by Ms Leavitt ?
I doubt it.
Maybe its time to bomb Iran again ?

Simple Tommy Turdy not even dreaming that this might have been the very goal that Trumpfy and fellow Jewish International Bankers have targeted .

The point being :-
The bigger the reduction in $ value at the time of a re-Set , the bigger the reduction in national Debt .

Now Turdy .
Have a get - together with fellow Simpletons and Gullibles and see if you can work out what steps and positions then ensue .

This is WW3 . We are part way through and people like you haven't a clue what is happening ,OR that it has even started .

 

[Elusivebutterfly]

What you need to be asking is why barricades are being erected around the treasury building.

Gold is the currency standard now. Check how much money china is pulling from US market interests.

 

[defcon4]

no...no..

I know what it is. But are we really going that deep? We're going to go into the fact that the dollar isn't backed by gold?

You remind me of my brother in law. No matter what we are talking about, he takes it to a international level. Taxes, unemployment, supply and demand, doesn't matter what we are talking about it always takes him to a much bigger picture that has nothing to do with what we are actually talking about.

The dollar has the worst first half in more than 50 years is the topic and you're trying to talk about fiat money. LOL And ignore that this isn't a good thing and that Trump's policies have contributed to this. Fiat that.

No...no...no, Sillyboo. I said the inflation will continue while fiat money is printed endlessly by the Federal Reserve. I didn't talk about anything else.

 

[Dekster]

Europe is frying at the moment due to the climate crisi.s. Maybe Belize is the place to be ?

We had it right at 38° C (100°F) last week with high humidity which was miserable but here in Dixie Land, we will fry the climate if that is what it takes to run our air conditioning to keep it a tolerable 22/72 inside. Had thermostat set to 68 at work. I would flee to ireland or Iceland if I were one of you folks. Seems cooler there generally when these things happen.