OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Re Tariffs, Lets Not Forget About The “Strong Dollar”, That’s An Automatic Tariff On Our Exports

Posted by Mr.Copper @ 13:06 on January 19, 2019  

A WEAK Dollar makeĀ IMPORTS expensive (good) and is like a Tariff or tax on people and businesses that buy imports. Encouraging Americans to have it made domestically cheaper.

The problem with China, is the exchange rake is FIXED or RIGGED or CONTRACTED (decades ago behind the scene) to float in a very narrow range so no matter how strong or weak the dollar is, against the Yuan, it can’t do any good. China imports will always be cheaper.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.