Started By
Message

re: Video: Milei on why he’s supporting Donald Trump

Posted on 5/11/24 at 7:49 am to
Posted by Warboo
Enterprise Alabama
Member since Sep 2018
2403 posts
Posted on 5/11/24 at 7:49 am to
quote:

You did not understand his answer, which was that Trump’s trade barriers were a response to China’s refusal to float exchange. This was giving China an unfair advantage that the trade barriers were going to punish them for.

Austrian Economic theory posits that free trade between countries makes both countries richer, and it’s true. However, when one country is using predatory exchange rate policies, when those policies are causing them to monopolize critical defense production, and when that country is your enemy, it must be stopped. To Donald Trump’s everlasting credit, he saw these things before anyone else in Washington.


Exactly. China has been using currency valuations against us forever. It has cost the US billions upon billions. Trump evened the playing field.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram