Trump Is Wrong—A Declining Dollar Isn’t Great; It’s Major Trouble
['Steve Forbes']
Forbes - Business
(Photo by Chung Sung-Jun/Getty Images) Getty ImagesPresident Trump said yesterday that a declining dollar is great.
So why is President Trump cheering on the greenback’s slide?
Does President Trump want to limp out of the Oval office in 2029 the way George W. Bush did in 2009?
President Trump knows what kind of economy he inherited from Joe Biden, thanks in no small part to a less-than-trustworthy dollar.
The person President Trump chooses to head the Fed must grasp the need for a reliable dollar and how to achieve it.