Ray Dalio says Trump wants to weaken the dollar while Powell tries to defend it

Ray Dalio says the fight between Donald Trump and Federal Reserve Chair Jay Powell is about the value of money, not policy details. “When there is too much debt and borrowing,” Ray said, “the classic way of dealing with it is to push real interest rates down and devalue money.” Trump wants that. Powell doesn’t. […]

Source: cryptopolitan.com (Read Full Article)