(no subject)

1 currency war - a strong dollar is already a tariff imposed on foreign trading partners. they need to spend more local money for the exact same product assuming the price stays the same in dollars. 2. unless they have investments in us dollar factory bonds real estate. they are losers. so investments are a hedge to the foreigners that have enough to invest in dollar denominated assets. 3. Tariffs are the equivalent of 19th century cannons. no longer a real danger but send a frightening message. we can talk sometime how to fight in the 21 century. 4. currency wars are like cyber wars. there is no way to stop them entirely except spankings. do this again and we will ... XXX. 5. the treasury recent rise in interest rates can be seen as a step in a dumb battle. it causes more investment in dollars. draining the foreigners reserves. it causes higher local prices as the conversion is less advantageous. it drives up borrowing cost locally making wages more difficult to raise. 6 the older crowd that lived through ww2 in treasury live in an age frightened of nuclear weapons, instead of cyber, bio, and terrified of inflation (reichmarks), some inflation is good. wages go up. everyone feels better. debt easier to pay off.!!