Correct, but this time his goal isn’t just to weaken the dollar it’s to lower interest rates to reduce the cost of short term debt.

By cutting yields on 5 and 10 year bonds, he can refinance short term debt (6 months, 1 year, 2 years) with cheaper, longer term money.

In other words, he’s shifting debt from now to later.

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Lower rates structurally weaken the dollar. All signs point to a weaker dollar during the trump term.