In a recent post, I listed 6 ways that Trump intends to reduce inflation:
Trump has a 6-part plan to bring down inflation:
1. Favors NIMBY policies to prevent housing construction in the suburbs.
2. Expel all the illegal workers that pick our food and provide other key services.
3. Put heavy tariffs on imported food and other goods.
4. Have Medicare do less negotiation of drug prices.
5. Run super massive budget deficits.
6. Easy money.
Now Politico suggests that his advisors have found another method to add to the list:
Economic advisers close to former President Donald Trump are actively debating ways to devalue the U.S. dollar if he’s elected to a second term
Can anyone dispute that Trump’s plan to reduce inflation is brilliant? Can you name even one Nobel Prize winning economist who would be capable to devising this sort of multi-pronged anti-inflation program?
PS. Off topic, but I couldn’t resist linking to this tweet. At one level, the current campaign is appalling. But in the right frame of mind it can become lots of fun. There’s something sort of enjoyable about seeing Trump exposed as a complete idiot in front of the entire world. (At least until you think about the fact that he’ll soon have his finger on the nuclear trigger. And people worry about AI!)
I’m like that guy greedily cramming popcorn into his mouth as he watches a film about armageddon.
BTW, What do the people in the audience think as they listen to Trump ranting like a drug-addled homeless guy on the streets of LA? “There’s our next president!!”