Theory about Trump's economic plan and de-dollarization... I think he is planting seeds that will help with the transition that will occur when the US$ loses its reserve currency status.

posted 18 days ago by changeagent 18 days ago by changeagent +45 / -0

BRICS is gathering momentum.

https://www.zerohedge.com/geopolitical/russias-landmark-brics-summit-and-specter-de-dollarization

The days of the US$ being the reserve currency are numbered (in my opinion), and when it ends, Americans will experience a huge decline in their standard of living -- yes, even worse than now.

Trump's tariff plan is interesting... first, eliminate taxes, but then tax everything that is foreign-made and imported. This will both help alleviate inflationary effects (by not having to pay taxes) while at the same time motivating investment in the US to produce what people need and want (the incentive to make things in America again will be huge). This one-two punch will provide a path to a faster post-reserve-currency country with our own stable currency that will be worth a lot internationally, still, but just not the reserve currency.

Developing our fuel as well as re-establishing a gold standard will also help our country's stability after we lose reserve currency status.

Just my thoughts regarding the financial future as the cabal system is dismantled. Discussion welcome.

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– lastbestplace 2 points 18 days ago +2 / -0

The added benefit of paying tax for buying foreign goods? Amazon will be impacted greatly, small "made in the USA" shops will make a comeback when people have more income (no income tax) in their hands.

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