Incompetence to the 9th power.
Link: https://www.nytimes.com/2025/06/30/business/dollar-decline-trump.html?smid=nytcore-ios-share&referringSource=articleShare
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his way with the BBB...following that comes a return of inflation, job losses...etc., etc....but don't worry, Baron and the Merry Band of MAGAs will put gobs of lipstick on it.
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Ask your "Princeton MBA" friend to explain it to you like you're a ten year old.
...here's an excerpt...
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Foreign investors buying US debt want a strong dollar to get the most bang for their buck when converting their holdings into their own currency. As the dollar weakens, it eats into foreign investors’ return on their investments.
If there is waning demand for the dollar, Treasury yields could rise, increasing the cost of borrowing for both the US government and consumers.
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Rising costs make it harder for us to pay our bills...but then, Trump has lots of experience with business interests that couldn't pay their bills...so, not to worry.
Link: https://www.cnn.com/2025/06/25/investing/us-dollar-decline-currency-markets#:~:text=Loss%20of%20confidence,commit%20capital%2C”%20Sai%20said.