Wednesday, August 7, 2019

A Nixon SHock works

How Trump Could Enforce A Weaker Dollar 


Start a Nixon Default process, then do not elect another debt bomber like Reagan or Trump or lil Bush.  What drives the dollar up is the willingness of tax payer to fork over 3.5% of their wages to government interest debt.  The way to stop a Trump or Reagan from borrow spend is to schedule another default in 15 years. The repeated default contract causes interest rates to react faster and sooner than any president can go hog wild.

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