Trump Administration Archives - Rethinking the Dollar

Will China Dump It’s $1.1 Trillion US Treasury Securities Position?

May 7, 2020 | Economic Collapse

U.S. news reports suggest that White House officials have already considered the idea of cancelling all or part of the US$1.1 trillion debt owed to China. Karen Yeung of the South China Morning Post reports that this may be causing Chinese officials to...

Yuan Tumbles After Trump Weighs Blocking Retirement Fund Access

May 1, 2020 | Economic Collapse

Having tumbled yesterday on the first set of headlines reporting on the Trump administration’s plans to seek ‘COVID reparations’ and accusations of Chinese ‘meddling’ in the US election (not in favor of Trump), the Chinese yuan legged...

Paul Craig Roberts: Remarks On The US/China “Trade Deal”

Jan 20, 2020 | News

The first thing to understand is that it is not a trade deal. It is Trump backing off his tariffs when he discovered that the tarrifs fall on US goods and American consumers, not on China. Trump is covering his retraction by calling it a trade...

Trump Exploring Cutting Rate On “Middle Class” To 15% – “Tax Cut 2.0” Is Back

Nov 12, 2019 | News

It’s November again, only to the Trump administration it is 2018 once more instead of 2019: after all, it was one year ago, just before the midterm elections, that the White House floated “tax cut 2.0” to boost popular support for Republicans with no...

Icahn Rips MMT, Warns It Could Lead to an ‘Inflationary Spiral’

May 5, 2019 | News

Billionaire Carl Icahn says inflation could revive and spin out of control if policy makers were to embrace modern monetary theory. Icahn, a former special adviser to President Donald Trump, is the latest financial heavyweight to denounce the progressive economic...