Krasnov Did Not Impose Tariffs Because Of Our Trade Imbalance

[gab13by13]

Krasnov's #1 reason for imposing tariffs is to make the dollar weak. Krasnov doesn't do stuff to benefit others. Krasnov also is pushing Jerome Powell really hard to lower interest rates, and what will that do? That's right, weaken the dollar.

The dollar is the world's currency because it is strong, not weak. Here's where I need help from someone who understands economics. I believe that the dollar as the world's currency is at risk under Krasnov and I believe that crypto, Bit coin is involved in Krasnov's scheme for a weak dollar, but I am not economically smart enough to tie it together and I have seen no article from economists who share my fear.

Krasnov's manipulation to weaken the dollar is being done to benefit him personally in some way.

[SheltieLover]

1. Absolutely!

Kraznov is making pootin's dream to destroy the US a reality.

[JT45242]

2. Mango does what Putin tells him to...

He is given fre reign for the grift (selling time at mar a lardo) but big policies are all pro Russia as dictated by pooty putin to his puppet

[gab13by13]

5. Also the weak dollar has a negative effect for sanctions

which Iran and Russia benefit from.

[Ilikepurple]

29. I'm not so sure if Trump is a trusted puppet for Putin anymore

I don’t think Trump needs Russian oligarch money or connections anymore considering his recent windfalls. He’s shown himself relatively immune to scandal, so he might not be as afraid of what kompromat Putin might release. That is not to say that their interests don’t still align, especially considering Trump’s falling reputation amongst our traditional allies. Putin has to be at least considering how he will deal with a new more brazen Trump if push comes to shove. I don’t think Trump wants to be anybody’s puppet. The American people, the Supreme Court, and our Republican congress people might have engineered a way out. Of course, an unconstrained Trump might be scarier than a Putin puppet. I just hope for enough republican dissension to slow down this administration’s dismantling of the US in the meantime.

[c-rational]

3. Interesting thought.

[JoseBalow]

4. It's a shakedown tool

Finding or creating leverage to exploit for his personal enrichment is all he does.

[gab13by13]

7. Absolutely, he put tariffs on everyone,

and then he just sits back and waits for countries to come to him with suitcases full of money and then he will reduce their tariff.

His deals are shakedowns. Look at Vietnam, it agreed to use StarLink and fast tracked a Trump tower then voila' tariffs get lowered.

[erronis]

15. Wonder where those suitcases of payoffs end up... No, I don't really wonder. It ain't the US Treasury.

[multigraincracker]

6. I'm guessing the tariffs are designed to replace the income tax.

Tariffs are a regressive tax that hurts the middle class as they spend more money on needed items, to eat and live. The income tax is supposed to be a progressive tax that makes the rich pay more with taxing income instead of living expenses. There is a method to their madness.

[Bernardo de La Paz]

9. I think he believes that but it is economic nonsense. Plus thx for pointing out the regressiveness.

Dunderhead says $ 2 billion per day revenues from the tariff tax on American people. That would be $ 730 billion / year.

Economists say $ 500 million max, which would be $ 183 billion / year.

Estimate income tax for 2024 is $ 2, 460 billion. Tariff taxes won't replace income taxes.

All of that is before economic contraction due to constriction of global trade, so revenues would be even less.

[multigraincracker]

10. I'd be for a Wealth Tax that starts after you are worth more than several million.

No deductions.

[TheRickles]

14. Massachusetts recently instituted that sort of tax, and is currently trying to decide

how to allocate $1.3B in additional tax revenue.

[dchill]

12. Intended, possibly, but certainly not designed.

[Bernardo de La Paz]

8. Wants weaker dollar to reduce debt payments so they can incur more debt for tax cuts for the 1 %. . . .nt

[dchill]

11. We get it: Putin is the real President.

Pelosi: "With you all, roads lead to Putin."

[ananda]

13. Putin's benefit is definitely in the mix there.

After all, Krasvov is a Russian agent.

[erronis]

16. And he probably doesn't know that he's the sucker at the poker table.

[ThornSurf91]

17. Venn Diagram Time

Time to sit down and do the tariff interests of Putin, oligarchs and white christian nationalists cuz it ain’t economic

[Griefbird]

18. Krasnov

Is that a Western Euopean name? African? Hispanic? English? I just can't tell

[bif]

31. Apparently it's his Russian code name

[BurnDoubt]

19. Klepto-Currency....

Mad-Max-Money you can hide, undocumented, until your wallet gets hacked by the seventh-grader across the street. Then you can spend your life trying to "spin" away your debt in the Klepto Mines. Has an "olde-tymey" kind of ring, doesn't it? Poo Tee Weet!

[markodochartaigh]

20. I think that many very powerful people

have a lot of cryptocurrency. It keeps going up and up in notional value. But it is difficult to sell huge quantities for goods in the real world. These powerful people want their cryptocurrency to be spendable just like cash. The amount of cryptocurrency which needs to be laundered is so great now that only way it can be converted into real world cash is by legitimizing it through the world's reserve currency.

Of course Krasnov has his own shady side hustle. His nft's and personal cryptocurrency brand are simply ways to pay him off for favors.

https://www.motherjones.com/politics/2025/02/sec-fraud-prosecution-chinese-crypto-entrepreneur-justin-sun-donald-trump-world-liberty-financial-tokens/

[ihaveaquestion]

22. It seems to me that this is the ultimate criminal activity / venue / method / whatever else corruption word

It feels really, really corrupt, but average people don't understand it and it's almost impossible to explain it to them - I don't fully understand it and I think I know more than average financial 'stuff'. It's perfect for those people in power getting more and more wealth right out in the open and getting away with stealing from all the rest of us.

Someone, somewhere needs to come up with a way to explain how corrupt this stuff is in sound-bytes... much like George Carlin explained the powerful and wealthy "owners" to us so well... "They don't give a fu@k about you!"

[Ilikepurple]

28. I agree, something like this is bubbling under Trump's actions

But, can the many very powerful people trust Trump to carry them across the finish line? I have some thoughts on this that may or may not be illuminating. It’s pretty hard to figure out what Trump’s endgame is, perhaps even for Trump. I think he’s shown himself to be a kind of immediate return guy.
The only thing that might slow him down is if further legitimizing crypto will lessen his wealth status. Trump strikes me as a hard asset show off. “Look what I own. Not just numbers like those investor entrepreneur types. I own real property. I own expansive land, towers, places the rich want to go, and shiny things.” He hasn’t seemed overly interested in financial markets, even less in crypto. I don’t think he ultimately wants to do anything to make these assets appear more valuable or prestigious. This doesn’t mean he won’t try to make a killing off crypto to further insulate him empire from the whims of the banks, financiers, and free market. Sure, much of his recent gains in wealth are also going to be hard to sell in huge quantities, but he might already have enough wealth and power that he thinks the rich and powerful need to do something for him just to maintain their status quo. I’m thinking Trump’s 2025 balance sheet looks nothing like his 2016. I think he’ll be coercing deals that will raise his comparative prestige while adding as much wealth as possible.

[SleeplessinSoCal]

21. Time to go after the propaganda networks.

They keep at least 35% of the public in the dark believing whatever they pump out.

Personally I'd like to see Jeanine Pirro exposed. And all the heartless millionaires working for Fox "News".

If we are ever to be one nation again, we need to address misinformation in a big way.

[yellow dahlia]

25. One of my pet peeves.

[BoRaGard]

23. G.O.P. works religiously to undermine America

and then lies claiming their religion requires the destruction of our great democracy

[AntiFascist]

24. Devaluing the currency...

is an attempt to make Amercian exports more attractive to foreign countries, as China is now doing to increase its exports. Foreign currencies are then worth more and can afford the devalued pricing of American and Chinese products.

The difference is that China already has the infrastructure and resources to produce stuff.

Bitcoin will also increase in value relatively to devalued currencies, and it is probably seen as a more stable global currency to park "cash".

[Doodley]

26. Trump has been talking about Tariffs in public since the 80s. He's just too dumb to know he is wrong. I don't this

there's a strategy to devalue the dollar.

[Intractable]

27. When the dollar is weak, it makes our debt worth less.

It becomes easier to pay off the national debt, which will increase if he gets his tax cuts passed.

[vapor2]

30. EVERYTHING

he does enriches him.....EVERYTHING