Yeah. He definitely wants that. He constantly complains about FED keeping interest rates too high.
But it's such a terrible idea. Dollar being worth half of EUR, which might easily happen way sooner than anyone expects (look at what happened to pound), means that Americans would have to work twice as much for anything they import because the world will adjust their dollar prices to reflect the dropping value of the dollar.
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I’m not arguing that it is a good thing, just pointing out that this is what Trump wants - as he envisions USA as 1950s USA.
It also might explain why the gov is in no rush to fix a weakening dollar – it is after all what he wants.
Yeah. He definitely wants that. He constantly complains about FED keeping interest rates too high.
But it's such a terrible idea. Dollar being worth half of EUR, which might easily happen way sooner than anyone expects (look at what happened to pound), means that Americans would have to work twice as much for anything they import because the world will adjust their dollar prices to reflect the dropping value of the dollar.