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Peter Navarro is the idiot whose mostly pushing the Trump economic policies. I say idiot, because he is really a complete and total crackpot. He's written a c
by cogman10 10mo ago
Peter Navarro is the idiot whose mostly pushing the Trump economic policies. I say idiot, because he is really a complete and total crackpot. He's written a couple of papers where he cites himself on uncited principles as if they were ironclad economics. A flat earther to an astronomer is what Navarro is to an economist.
He is anti-trade and pro-isolation. He actually wants the US dollar to lose it's status as a world currency. His thought? If it does, then we'll better address national debt. Basically "Let's light the house on fire so we finally address the upstairs draft."
- cco 10mo agoYup! I too was befuddled at why the admin was purposefully devaluing the dollar, but well, like you said, they tell you plainly if you go read and listen to them. Make decisions accordingly folks! They want the dollar down >30% from where it was when they took over, we're about 1/3 the way there so far, be prepared for more.