Trump and Warren have the same very bad idea about the dollar, by lopezlinette
Both President Trump and presidential hopeful Senator Elizabeth Warren have floated the idea of weakening the dollar to help sell US exports. This is a very stupid, dangerous idea. Weakening the dollar would scare the world away from US assets, hurt already weakening confidence in the US government, and potentially start a race to the bottom currency war with China that no one will win. Visit Business Insider's homepage for more stories.
Both President Trump and presidential hopeful Senator Elizabeth Warren have floated the idea of weakening the dollar to help sell US exports. This is a very stupid, dangerous idea. Weakening the dollar would scare the world away from US assets, hurt already weakening confidence in the US government, and potentially start a race to the bottom currency war with China that no one will win. Visit Business Insider's homepage for more stories.
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