Why the Iran war is crashing gold prices#Block2 #Finance #FlighttoQuality #GoldPriceCrash #GoldPrices #IranWar #OilPriceShock #StrongDollar #TheConversation
Have you ever considered the connection between a strong dollar and a country's stability? A strong dollar isn't just about what you can buy abroad—it's also about a nation's standing.
What's your take on the dollar's role in the world?
#StrongDollar #EconomicStability #PoliticalStability #Finance
12 Reasons Why The Trump Economy Is Actually Pretty Good
12 Reasons Why The Trump Economy Is Actually Pretty Good
www.newbostonpost.com/12-reasons-w...
#TrumpEconomy #EconomicWins #AmericaFirstPolicy #JobsNotMobs #TariffPower #StrongDollar #LowUnemployment #MainStreetMatters #FedLeadership #TrumpBoom #MakeAmericaProsperous #NoRecessionYet
US can produce oil by itself.
#strongdollar
It’s been a busy week and it’s only Wednesday, Humanists! Remember to catch up on all your MediciOS Renaissance Reboots Now Available! Friday’s post on the fate of the Dollar 💵 as reserve currency will be a doozy! #renaissance #strongdollar #weakdollar #monetary
reboottherenaissance.substack.com
What do we think about the plausible rerouting of the Uncle Sams across the globe?
#history #historicalfiction #alternatehistory #counterfactualhistory #counterfactual #whatif #fiction #monetarypolicy #dollars #monetarism #usreserve #reservecurrency #weakdollar #strongdollar #imports #exports
There is a limit to what the Fed can do. If the White House sacrifices the dollar’s stability for a quick fix, it won’t just cause a recession. It could trigger a depression. We can’t let the President kill the dollar. #EconomicStability #StrongDollar #EconomicConfidence
Post 1/10 🚨
U.S. trade deficit hit a record $1.2 TRILLION in goods last year! 🤯
Imports surged, exports lagged.
Strong dollar + strong US economy to blame?
What do you think is driving this?
#TradeDeficit #USEconomy #Imports #Exports #StrongDollar
@axelmerk @thestalwart You can watch/listen/read transcript (soon) here: http://bit.ly/16tGiA3 @IQ2US #strongdollar
Audience vote: Mishkin/Taylor win easily. Though neither side really supported a "strong" dollar. @IQ2US #strongdollar
#strongdollar debate scene. @IQ2US http://t.co/4rxIVID76v
Sort of not sorry #strongdollar debate is over. Was hoping for more facts from Forbes/Grant. Actually, would have liked any facts. @IQ2US
Forbes: inflation is the equivalent of changing the number of ounces in a pound, and we're on the Fed diet. @IQ2US #strongdollar
Grant: The ways of higher mathematics are not the ways to stronger growth. @IQ2US #strongdollar
Grant cites "Little House on the Prairie" anecdote to counter Mishkin's Anna Schwartz research. @IQ2US #strongdollar
Grant: there's no linear improvement in monetary policy. We've gone backward into dark ages. @IQ2US #strongdollar
Mishkin to Grant: no serious scholar disagrees there was more volatility under classic gold standard... @IQ2US #strongdollar
Mishkin cites Anna Schwartz research showing slower growth slower under gold. Grant not impressed by Anna Schwartz. @IQ2US #strongdollar
Forbes then gets history wrong: says going off gold standard in 1930s didn't work. In fact, strong growth followed. @IQ2US #strongdollar
Forbes tells me in Q&A dollar should be fixed at $1500 oz of gold. No particular reason. @IQ2US #strongdollar
Forbes: gold is flexible...money can be created when needed. Doesn't explain how that works w/o more gold. @IQ2US #strongdollar
Grant: there's too much money out there, which means there's a bubble out there. Somewhere. @IQ2US #strongdollar
Grant almost loses his bow tie over Mishkin's assertion central bank inflation-targeting works. @IQ2US #strongdollar
Grant: Fed thinks deflation is bad. What's bad about falling prices? (hint, Jim: falling wages). @IQ2US #strongdollar
Mishkin: gold standard didn't produce stable prices, but wild swings between inflation and deflation. @IQ2US #strongdollar
Forbes argues a weaker dollar boosts inflation. In theory, of course, but perhaps he hasn't seen CPI lately? @IQ2US #strongdollar
Forbes: money is better than barter. "Imagine trying to deposit a cow in an ATM." @IQ2US #strongdollar
Taylor: the stronger the dollar, the weaker #US exports and economy. @IQ2US #strongdollar
Grant's bottom line: it's not the strength of the dollar, it's anchoring it to gold that we need. @IQ2US #strongdollar