The dollar has dropped in value by around 15% (relative to the EUR) since ------- started this IDIOTIC ------- tariff nonsense. Which, for me, was basically a 15% pay cut.
I wish I had a job that paid in EUR. Trump's not finished, and I don't think he gives a ---- whether the dollar collapses completely. I'm not even sure he understands the concept of currency reserves.
If I were an MNC, I would want an invoice in something other than USD.
I like Trump's border policies, but other than that, he is a ------- ------. I don't think he understand that, without a demand for USD, he's not going to be able to debt finance his 'big, beautiful bill.'
Profound. economic. consequences.
Sure.
Because there aren't any MIT grads that can figure out how to replace immigrant labor with a machine.
Or, there is no government mechanism to allow non-citizens to come in and do work that no one else is willing to do.
It seems to me there is a technical answer, and a policy answer. Either is probably OK.