43
Trump advisers are plotting to deliberately devalue the dollar if he’s re-elected, report says
(www.independent.co.uk)
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
I'm not american, but it'd take this report with a grain of salt since Politico is left leaning, the former advisers were selected at a time when Trump was more naive wrt the deep state and more dependent on neocons (first term Trump was indifferent to FISA, now he opposes it since it targeted him). What we do know is that Trump wants a strong dollar since if the US looses its reserve status, it's a disaster. He wants to stop the haemorrhaging of US debt by stopping the wars and rebuilding US financial relations which were damaged due to the war and sanctions that forced many countries that tried to wean themselves off the dollar and SWIFT. His stance on Bitcoin has softened, so I don't think he'll be antagonistic to it. A lot depends on who he picks for VP and the military and FBI/CIA. If he picks Vivek Ramaswamy as VP and Tulsi Gabbard in charge of the military and FBI/CIA, he'll focus on government and military reform and he'll be very friendly to crypto, possibly using it along with gold to help to support the US dollar. If he does the reverse, you'll likely see more social programs and reigning in of the FBI/CIA. If both are excluded and MAGA conservatives are selected to those spots, expect him to continue pre-COVID policies which appeared to work.