Yes and Iphones also got a free pass too. Because that's the only way, by getting a free pass to bypass the policies which are granted by the chinese governement. Now what dummy?
Since we are both on memo, I suppose we agree that the USD should not be global reserve currency. IF Donald Trump audits the fed, adopts crypto, and/or the gold standard, I will MAGA.
I'm considering this as well. I don't care about the gold standard though.
If Donald Trump allows paying taxes in Bitcoin Cash, trust me, I will never wear a non-red cap.
Although I think Trump would be in favor of crypto, I doubt he will make any decisions on crypto in the two years he has left. He is too busy tweeting stupid shit on twitter.
It is surprising weird to think about this...
As a reserve currency, the USD needs to run a deficit. "The US can eliminate its trade deficit or run the world’s dominant currency—but not both."
https://goo.gl/dzeda2
The US can definitely change how their silly monetary system works in the first place. But for that you need to make the Federal Reserve FEDERAL instead of private.
"U.S. central bankers ... examined how global trade disputes could batter businesses and households, minutes of the Federal Reserve’s last policy meeting ...."
https://goo.gl/Fpjenk
If China does not fold to tariff threats, US will experience inflation. Interest rates will rise, and emerging markets will crash.
https://goo.gl/LKvFdXAmerica First (for a while).
Why would the US experience inflation because of that?
Because prices of goods will rise. Even though you personally might face more economic opportunities (so maybe inflation won't bother you), the cost of goods will definitely climb.
This is not what inlfation actually is.
Who wrote that silly wikipedia article? Inflation is the increase of the money supply. Rise of prices is a symptom of it.
