Dollar Devaluation Will Impoverish Americans, Sap Economy

Dollar Devaluation Will Impoverish Americans, Sap Economy
AP Photo/Mark Lennihan, File

After years of complaining about countries manipulating their currencies, trade protectionists have finally found a country they would be happy to see drive down the value of its money: the United States.

Sens. Tammy Baldwin (D-Wis.) and Josh Hawley (R-Mo.) make amazing promises about legislation they have introduced, the Competitive Dollar for Jobs and Prosperity Act. According to the bipartisan duo, the bill would “make U.S. exports more competitive, boost American manufacturers and farmers, and reduce our trade deficit.”

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes