Amid rising geopolitical tensions, discussions have surfaced about potential economic countermeasures by European NATO nations, Canada, and China, particularly regarding US Treasury securities., Economy, Times Now
Selling US Treasury bonds is exactly what Trump wants as it would devalue the dollar (flooding the market with dollars basically devalues the dollar) and Trump wants to devalue the dollar to make manufacturing in the US more attractive and to stimulate exports and therefore jobs in the US.
Selling US Treasury bonds is exactly what Trump wants as it would devalue the dollar (flooding the market with dollars basically devalues the dollar) and Trump wants to devalue the dollar to make manufacturing in the US more attractive and to stimulate exports and therefore jobs in the US.
Not sure it’s a plan as much as an unintended consequence. The man doesn’t really have a track record of deep thinking.