Economy

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Trump Crashes Dollar With Plan to Turn Federal Reserve MAGA (www.thedailybeast.com)

submitted 1 month ago by Redditsux@lemmy.world to c/economy@lemmy.world

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Archive article: https://archive.ph/akxce

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[–] Archangel1313@lemmy.ca 11 points 1 month ago (2 children)

That's weird. There was another article on here just a couple of hours ago, talking about how wonderful the economy is, under Trump.

[–] pelespirit@sh.itjust.works 6 points 1 month ago (1 children)

In this community? I don't see it.

[–] Archangel1313@lemmy.ca 4 points 1 month ago (1 children)

https://www.cnbc.com/2025/06/26/how-the-stock-market-made-it-back-to-a-new-record-even-with-so-much-still-to-worry-about.html

[–] pelespirit@sh.itjust.works 1 points 1 month ago

They're not even mentioning that companies had to avoid the tariff problems or that AI is hated by almost everyone? I'm kind of surprised, CNBC is usually not bad. I'm not saying you're wrong, but most other sources say that it's just the beginning of the recession because everything has to catch up.

[–] Treczoks@lemmy.world 1 points 1 month ago

Yep. Wonderfully falling. And still trade deficits, despite the tariffs.

[–] Eyekaytee@aussie.zone 3 points 1 month ago

well i guess he can keep doing this as a weak dollar is what he wants to incentivise exports and manufacturing