Trump Calls The Dollar “Too Strong” Causing It To Tumble – How He’s Both Right & Wrong

Josh Sigurdson talks with author and economic analyst John Sneisen about a recent development in monetary news as the dollar falls following Donald Trump claiming it’s “too strong”.
Trump was making a point about how China is killing the United States in the markets due to China constantly devaluing the Yuan creating a better trade atmosphere and while Trump is right that the dollar is “strong”, it’s only artificially strong.
Josh and John break down how this claim may be correct but shows a not so great direction of the Trump presidency considering the fact that he seems to imply he’d like the dollar further devalued. Though Trump endorsed the Audit the Fed bill put forward by Senator Rand Paul and Thomas Massie, he seems to flip flop on the subject of the Federal Reserve daily. From supporting manipulating interest rates to saying that the Fed is out of control. To implying that the dollar should be further manipulated and devalued to supporting the Audit the Fed bill. It just doesn’t make much sense. There is no consistency which makes it even more of a mystery how this crucial issue will be dealt with or not in the next few years.

We will continue to cover this issue of course as it’s one of the most important subjects to cover. People must understand the effect of central planning and monetary manipulation.

Video edited by Josh Sigurdson

John Thore Stub Sneisen
Josh Sigurdson

Graphics by Bryan Foerster and Josh Sigurdson

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  • Donald Clifford

    Why do you think national currencies are worthless? If dollars buy gold,
    isn’t that as good as a gold standard, where dollars are redeemable in
    gold? And what’s wrong with debt? Almost all governments, businesses, and
    people use debt. Sure it can be abused, like anything else. But debt serves
    a vital function. And isn’t bit coin a private currency?

  • Curtis Fre Channel

    The Devaluation of the Dollar is on the horizon for the United States.
    The #WarOnCash continues… Thank you for your work!

  • Debar Dogma

    Good talk. I pretty much agree with all, except everybody blames all this
    debt and government profligacy on politicians. It was the people that voted
    for these politicians and their spending policies. We did it to ourselves
    in large part – human nature.

  • The Independent Canadian

    Well this orange bastard just fucked me over personally hahaha was waiting
    for the loonie to dip so I could swap over some American funds ….

    MAH FUNDS 😔 lmao

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