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Why Donald Trump Thinks the US Dollar Is on the Brink of Collapse

Author
theWeb3.news
Published
Fri 21 Jun 2024
Episode Link
https://theweb3.news/crypto/why-donald-trump-thinks-the-us-dollar-is-on-the-brink-of-collapse/

Donald Trump expressed concerns about the potential collapse of the US dollar, attributing this risk to various economic policies and international developments. He highlighted the Federal Reserve's monetary policy, including interest rate decisions and quantitative easing, as significant factors contributing to the devaluation. Trump also mentioned the growing national debt and fiscal deficits as critical issues exacerbating the situation. Additionally, he pointed to the increasing economic power of China and their push for a digital currency, which could undermine the dollar's global dominance. He emphasized the importance of addressing these challenges to stabilize and strengthen the US economy and currency.

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