Wednesday, April 12, 2017

Trump admits he lied about China, and then makes the US Dollar drop in value

Trump managed today to admit he lied about China and to decrease the value of the US Dollar in a single interview with The Wall Street Journal.

First he said China is not a currency manipulator, thus admitting he lied during the 2016 campaign when said the opposite. Why? Because he claims saying they are currency manipultors could jeorpardize talks about North Korea, which is false as there is no official position by China on North Korea.

But the worst part was this; Trump literally said:

“I think our dollar is getting too strong, and partially that’s my fault because people have confidence in me. But that’s hurting—that will hurt ultimately. Look, there’s some very good things about a strong dollar, but usually speaking the best thing about it is that it sounds good.”

Oh yeah? Well, after Trump said that the value of the US Dollar dropped about 1.44% in value. And that's ENTIRELY his fault because people think he's a menace to the US economy. And his imprudent, stupid statements demonstrate it.


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