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Thread: O/T:- Trump Presidency 2.0 [hic sunt dracones]

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  1. #1
    Join Date
    Feb 2008
    Posts
    6,553
    Quote Originally Posted by Lullapie View Post
    Well the job I do, a strong US dollar isn't good for us or US exporters and it does make imports to the US cheap. However, we are never going to agree because where you are coming from is light years away from where I'm coming from.

    All I can say is with the contacts I have in the US, they are more bullish than I can ever remember because of the change in government.

    I met tons on people in the US in the last 5 weeks, from all walks of life. All but 2 of them were pro-Trump. The 2 that weren't said that the US has missed the opportunity to appoint possibly the best President in living memory by not voting in Harrris.

    I rest my case.
    We probably do have different opinions about Trump but I don't think that's relevant here. The strength of the dollar is simply not an indicator of bullishness on the president - there's no other way to put it.

    It's connected to a lot of different things but in this case inflationary pressure. That's why it was strong in '22, that's why it's going up now - almost all of Trump's policies are inflationary. This is absolutely not sour grapes as I get paid in a currency pegged to the dollar and convert it to euros and pounds - it has worked out very well for me.

    As I told you before, Trump himself prefers a weak dollar to a strong one.

  2. #2
    Join Date
    Aug 2024
    Posts
    1,005
    Quote Originally Posted by drillerpie View Post
    We probably do have different opinions about Trump but I don't think that's relevant here. The strength of the dollar is simply not an indicator of bullishness on the president - there's no other way to put it.

    It's connected to a lot of different things but in this case inflationary pressure. That's why it was strong in '22, that's why it's going up now - almost all of Trump's policies are inflationary. This is absolutely not sour grapes as I get paid in a currency pegged to the dollar and convert it to euros and pounds - it has worked out very well for me.

    As I told you before, Trump himself prefers a weak dollar to a strong one.
    Well he would wouldn't he, he doesn't have to change travelers cheques like the rest of us.

    Strength of any currency is relative to others, the Labour government has sunk Sterling, just in time for my next jolly, as f****** usual.
    Last edited by Med Pie; 14-01-2025 at 02:09 PM.

  3. #3
    Join Date
    Jan 2017
    Posts
    1,606
    Quote Originally Posted by drillerpie View Post
    We probably do have different opinions about Trump but I don't think that's relevant here. The strength of the dollar is simply not an indicator of bullishness on the president - there's no other way to put it.

    It's connected to a lot of different things but in this case inflationary pressure. That's why it was strong in '22, that's why it's going up now - almost all of Trump's policies are inflationary. This is absolutely not sour grapes as I get paid in a currency pegged to the dollar and convert it to euros and pounds - it has worked out very well for me.

    As I told you before, Trump himself prefers a weak dollar to a strong one.
    I don't understand why you keep referring to Trump's policies as inflationary. There's absolutely no proof to your comment. Right wing government's normally reduce inflation and the only reason why Trump isn't bottom of the graph below was because towards the end of his tenure he had to introduce a massive stimulus package to provide relief to Americans because of Covid.

    You're making the mistake of using what he says as proof of what he'd do. He's a clever deal maker and he tells his opponents what he COULD do if they don't do as he wants.

    [IMG][/IMG]

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