Trump Asks the Fed Start a Currency War With China

Read more on this subject: Trump Administration
News Story Source: https://moneymaven.io
To win his trade war, Trump seeks a currency war.

Pump the Money

Donald J. Trump on Twitter

"China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business…

twitter.com

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China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing. If the Federal Reserve ever did a "match," it would be game over, we win! In any event, China wants a deal!

Lead image from Hedgeye with my anecdote in white.

Another Routine Lie

For starters, note the routine lie in Trump's Tweet. If China wanted a deal we would have one. More accurately, both sides have to want a deal.

But wanting a deal and demanding terms the other side cannot accept is an admission you really don't want a deal.

Currency War

The important point is not the routine lie which we expect daily from Tru
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