UNDERSTANDING TRUMP'S ECONOMIC POLICIES: WEAK DOLLAR EQUALS MORE EXPORTS!
President Trump has an economic policy that is different than the last 25 years of U.S. Presidents. How so?
He is utilizing a weak dollar monetary policy to make the U.S. currency weaker in comparison to foreign currencies. This has the following results:
IMPACT OF A WEAK DOLLAR
- Foreign goods coming into America are more expensive (IMPORTS)
- American goods going to the rest of the world are cheaper (EXPORTS)
When trump wants to MAKE AMERICA GREAT AGAIN, He needs to bring jobs back home. To do that he needs to get people all over the globe buying our stuff. This is accomplished by utilizing a weak dollar policy to make U.S good cheaper in comparison.
JOBS FOLLOW MANUFACTURING!
If consumers all over the globe are buying American goods, then manufacturing jobs HAVE to come back! This is a brilliant plan.
Watch the video to find out more.