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gab13by13

(28,804 posts)
Sat May 3, 2025, 02:07 PM May 3

Krasnov Did Not Impose Tariffs Because Of Our Trade Imbalance [View all]

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.

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Absolutely! SheltieLover May 3 #1
Mango does what Putin tells him to... JT45242 May 3 #2
Also the weak dollar has a negative effect for sanctions gab13by13 May 3 #5
I'm not so sure if Trump is a trusted puppet for Putin anymore Ilikepurple May 3 #29
Interesting thought. c-rational May 3 #3
It's a shakedown tool JoseBalow May 3 #4
Absolutely, he put tariffs on everyone, gab13by13 May 3 #7
Wonder where those suitcases of payoffs end up... No, I don't really wonder. It ain't the US Treasury. erronis May 3 #15
I'm guessing the tariffs are designed to replace the income tax. multigraincracker May 3 #6
I think he believes that but it is economic nonsense. Plus thx for pointing out the regressiveness. Bernardo de La Paz May 3 #9
I'd be for a Wealth Tax that starts after you are worth more than several million. multigraincracker May 3 #10
Massachusetts recently instituted that sort of tax, and is currently trying to decide TheRickles May 3 #14
Intended, possibly, but certainly not designed. dchill May 3 #12
Wants weaker dollar to reduce debt payments so they can incur more debt for tax cuts for the 1 %. . . .nt Bernardo de La Paz May 3 #8
We get it: Putin is the real President. dchill May 3 #11
Putin's benefit is definitely in the mix there. ananda May 3 #13
And he probably doesn't know that he's the sucker at the poker table. erronis May 3 #16
Venn Diagram Time ThornSurf91 May 3 #17
Krasnov Griefbird May 3 #18
Apparently it's his Russian code name bif May 4 #31
Klepto-Currency.... BurnDoubt May 3 #19
I think that many very powerful people markodochartaigh May 3 #20
It seems to me that this is the ultimate criminal activity / venue / method / whatever else corruption word ihaveaquestion May 3 #22
I agree, something like this is bubbling under Trump's actions Ilikepurple May 3 #28
Time to go after the propaganda networks. SleeplessinSoCal May 3 #21
One of my pet peeves. yellow dahlia May 3 #25
G.O.P. works religiously to undermine America BoRaGard May 3 #23
Devaluing the currency... AntiFascist May 3 #24
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 Doodley May 3 #26
When the dollar is weak, it makes our debt worth less. Intractable May 3 #27
EVERYTHING vapor2 May 3 #30
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