Exactly what Donald Trump said regarding currency devaluation.

[screwball]

Exactly what Donald Trump said regarding currency devaluation.

"As far as currency devaluations, I've been complaining about that for a long time. I believe that we will all eventually and probably very much sooner than a lot of people understand or think; we will be all at a level playing field. Because that's the only way it's fair. That's the only way you can fairly compete on trade and other things. And we will be on that field and we will all be working very hard to do great for our country. But it has to be fair and we will make it fair. I think the United States is going to be an even bigger player than it is right now, by a lot, when it comes to trade. A lot of that will have to do with our tax policy, which you'll be seeing in the not-too-distant future. We'll have an incentive-based policy, much more so than we have right now. Right now nobody even knows what policy we have. We're working with Congress, we're working with Paul Ryan, we're working with Mitch McConnell and I think people are going to be very, very impressed."

 

http://news.forexlive.com/!/here-is-exactly-what-trump-said-on-currency-devaluation-20170210

[hspotman]

SB, are you still holding strong to your belief that if this doesn't happen for us this first quarter, we will be here til next year at least?

[Luigi1]

Trump was right.   

Even the playing field. 

No more currency wars & no more China paying their workers .10 cents an hour to get over on our $15 minimum wage laws. 

China will be forced to play by the trade rules & that's good thing for US trade.

No more dumping shoddy made products, broken out of the box on us.

We will be able to buy quality made Japan or German products at the same costs as shoddy made in China.

Bring it on.  

It's a win-win for the US & for economic struggling global nations.

GO MAGA.  GP TRUMP.

[screwball]

10 hours ago, hspotman said:

SB, are you still holding strong to your belief that if this doesn't happen for us this first quarter, we will be here til next year at least?

Yep unless there’s a crash and reset and return to the gold standard which according to trump will happen under Biden’s watch! 

[screwball]

The crash that is….

[hspotman]

18 hours ago, screwball said:

The crash that is….

Then that is a good thing? A friend told me that another site's main guru is saying we, or many countries are switching back to the gold standard. Any truth to that iyo?

 

[Luigi1]

1 hour ago, hspotman said:

Then that is a good thing? A friend told me that another site's main guru is saying we, or many countries are switching back to the gold standard. Any truth to that iyo?

 

 

The USD will be asset backed like the rest of the global currencies under Basel III & CHIPS-BRICS system.

 

Asset backed mean not only gold & silver backed but also oil, natural gas, minerals, technology, patents, industrial & military might.

[hspotman]

Any insight Screwball?

[screwball]

15 hours ago, hspotman said:

Then that is a good thing? A friend told me that another site's main guru is saying we, or many countries are switching back to the gold standard. Any truth to that iyo?

 

Yes….follow the national debt clock the messaging has been there for months now and has recently changed again today…

[screwball]

13 hours ago, Luigi1 said:

 

The USD will be asset backed like the rest of the global currencies under Basel III & CHIPS-BRICS system.

 

Asset backed mean not only gold & silver backed but also oil, natural gas, minerals, technology, patents, industrial & military might.

Correct asset backed…there ER will  be based on what you manufacturer and export…yes you can back your currency with your assets…this is why years Gaddafi was going to give gold the African countries to back their own currency…no Russia and China will be doing same…some currencies will go up and some down some will stay same…if you have oil and gold etc like Iraq you will be wealth and this will be reflected in ER…

[screwball]

The cabal are trying to push their CBDC’s but these will fail….these are not gold backed….

[screwball]

FEDNOW is the CBDC of the US…this will fail…