Wrong, it's the reverse. As the dollar falls imports become more expensive. That is exactly what happened under Bush. The dollar tanked and the trade deficit soared.
— Peter Schiff (@PeterSchiff) January 5, 2018
Hot And Trending...
Trending
- @RJChancey Times are not very good. That is exactly what Republicans were claiming just before the 2008 financial crisis. We are actually in worse shape now than we were then, and headed for an even greater economic crisis.
- Why doesn't anyone discuss the potential impact of the capital gains tax hike inherent in the recently passed legislation? All residents of high tax states who still itemize will now pay higher effective tax rates on their capital gains than they did under the old law.
- Detroit retailers are embracing Bitcoin.
- Share your economics-related audiobooks with the community using Audible's "Send this book" feature. Everyone can get one free book.
- Best Scenario Is For Greece To Leave The EU - Marc Faber
- I'm a software developer looking for an idea for a open source project. What do you think it could be helpful?
- @NickRivers15 You may not be in this to make a profit, but I'm not sure your shareholders feel the same way.
- 5+5 BTC Bounty for proof of block size debate manipulation - manipulation confirmed.
- Buy Gold for What It Does; Not for Its Price http://bit.ly/1Uh9cZs @SchiffGold
- My latest commentary @SchiffGold – BitGold’s Secret: A Taxation Time Bomb https://t.co/UNY68V4xN7