The President of the United States is economically illiterate

Donaldsworth Johnathaniel McTrumpington has tariffed countries with which the US has a trade surplus.

Go to store

Buy stuff

Go nuts because store doesn't buy anything from you

I'M GOING INSANEEEEEEEEEEEEEEEE MIGA MIGA MIGA MIGA MIGA

I like how the countries the US has a trade surplus with still got a 10% tariff :)

so they start paying down their debts?? omg the horror what a PARADIGM shift this is truly horrible

lol

Fucking Christ he’s couldn’t even make it the least bit tasteful.

He can collateralize U.S. bonds by annexing land that property taxes can be levied on. 1939d chess. Trust the process.

And where are the tariffs on RUSSIA?

TRUMP IS PUTIN'S PUPPET! WAKE UP!!!

maoist america finally happening in our lifetime

So when is he going to address the trade surplus on services? Wait, you mean the US gets to keep that too?

When has he ever done, said, bought or sold anything even the least bit tasteful

ANALysts are economically literate

before the election they thought everything will dump as Trump would lose

after the election they thought Trump will pump everything

after tariffs were announced they were shocked (Trumped talked about tariffs for months)

then they believed fake news and pumped 5% for 10 minutes before dumping back

Gee I'm starting to wonder if my degree in Financial Management makes me the kind of genius you think I am

Would be funny if those were declared invalid in 4 years, and all the holders arrested for squatting in USA illegally.

All Amerimutts are going to be killed in a all-out nuclear holocaust way before that. Not even you cant treat the world like this.

MMT is the buying of said bonds, kek. As OP said you have to have a budget surplus if you dont want to issue bonds.

If youre an american citizen you wont have to buy it. you made it past the great reset congragulations and enjoy the american century.

how do you know?

i dont lets hope so lol

If youre an american citizen you wont have to buy it.

Nobody will buy this shit lmao.
It's easier (and cheaper) to just get a EB-5

Britain and France started WW1 and WW2

well see thats the thing it is cheaper right now.

Well, supposedly the tariffs will offset this, at least in the Trumpanzee's head

No. There are self-imposed mechanisms in the US where they are required to sell bonds, but that's not functionally necessary. Governments spend by crediting bank accounts -- they create the money right then and there. Bonds come in after the fact.

using a tax that's meant to discourage something as a means for raising revenue

How does one achieve this level of enlightenment?

He doesn't understand how money works. Its like any other asset, take a shitcoin for example, its value is its market cap, the more adoption it has the higher the market cap and value. And if it gets delisted from all the exchanges less people has access, adoption decreases, and market cap and price plummet.

Trump is basically delisting the dollar overseas or at least putting up huge barriers that will hinder adoption. It doesn't matter than the federal gov can hoard more dollars, they're worthless to the fed, they can print infinite amounts for nothing. The value is entirely in getting other people to want them, hence why we have deficits.

Trump has this whole thing completely ass backwards, and if he plows on he will trigger the dollar milkshake theory global economic collapse including the collapse of the dollar and probably dissolution of the federal government like what happened to the USSR. It would be a catastrophic blunder that will be studied for thousands of years. How the greater country on earth obliterated itself through shear stupidity.

Nobody will use the dollar if you just expand the M1. I know its hard to comprehend it by an American brain but you arent alone in the world.

This is the same thing as my prev reply

They already expanded it when they spent to a deficit. Bonds just lock it away for a while and add more on top of it. The purpose of money is to provision the government.

It's a lie spread by post-Soviet intelligence. There was constant dollar shortage all these years overseas around the world.
Everybody has a tons of dollar debt yet everybody is grasping for the same dollar currencies.

Look at the DXY

economically illiterate

He is just downright illiterate. When i hear him speak i get uneasy. I don't understand how can people not find him repulsive the moment he opens his mouth. Have you ever seen a documentary about people with mental deficiency? He sounds like such a person. He sounds borderline retarded.

how the fuck do people not understand that presidents are figureheads
they do have a plan, it's this:
hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

inb4

bad plan

I'm just saying that there is a plan.

Ultimately the value of the dollar is that you can buy things that are priced in dollars.

Just produce things people want to buy instead of insisting on gas guzzling trucks and chlorine chicken.
Why is this so fucking hard for Amerifats to understand?

TRVUTH NVKE as the younglings would say.

The whole rigmarole of issuing bonds is to impose fiscal discipline on governments. It's technically unnecessary.

He'll back down eventually. In the mean time he wants to make kings and presidents kneel.