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PeterGuillam
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Trump's Ignorance

- Hugo Salinas Price - Plata.com

Bretton Woods occurred 73 years ago, back when gold-based currency and free-market economies were viable and implementable.

Fast forward to 2017. Gold-based dollars are no longer in play. There is no free market, and there has been no free market for at least several decades. At best we have crony capitalism, and capital allocations based on political whim and "best intentions". The stifling array of government regulations, and endless "quantitative easing" with prime rates strapped close to 0% ensures no free market can exist.

So arguments about how we need to adhere to the spirit of the Bretton Woods agreement are null and void.

"It is quite unjust to blame the rest of the world for having caused the deindustrialization of the US, and to point an accusing finger at Mexico .... ". I have heard no one, especially Mr. Trump, blaming the rest of the world for the "deindustrialization" of the USA ..... despite his assurance that American-based companies will pay a steep price for exporting American jobs to foreign locations.

American citizens have been deeply discounted and disrespected by the banking/media elites and NWO for a long time. This became very pronounced during the last 8 years of the outgoing administration. Mr. Trump won large last November exactly because of this. We will impose tariffs and we will build a wall. If other countries don't like this approach, then perhaps they need to find another sandbox to play in. Godspeed Mr. Trump.

Commented 2661 days ago

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Beginning of the headline :The president elect of the US, Mr. Trump, does not know what he is doing when he proposes protectionist measures to encourage the reindustrialization of the US and bring home again, the American industry that emigrated to foreign lands. The US lost their industry as a result of the Bretton Woods Agreements, which were signed (under pressure) by representatives of the allied countries and of the countries conquered by the US in World War II. Those Agreements established the world's monetary syst... Read More

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