After the deposit was released, Trump predicts that the US dollar will lose global dominance
After the deposit was released, Trump predicts that the US dollar will lose global dominance
The former President of the United States, Donald Trump, had some violent words for the bidue government and its administration of the currency shortly after his arrest on Tuesday.
The ex-president predicted that the US dollar would probably lose its status as a world leading currency because it continues to collapse.
Trump's arrest and warning
Trump on Tuesday afternoon after death, the authorities accused for falsification of business documents last Thursday. The billionaire was supposed to be involved in the payment of hungry in the pornstar Stormy Stormy Daniels and tried to hide the affair before his 2016 presidential election.
After not guilty before a court in Manhattan, Trump returned to his Mar-A-Lago Club in Florida and gave a fiery speech, in which he expressed complaints, rejected claims against him and chased his politics into the air.
"We are a nation in decline, and now these radical left want to get involved in elections by using the law enforcement authorities," said Trump. He made claims that the US presidential elections were manipulated against him in 2020 and promises to "make America great again", despite the "very dark cloud" that hovers over the country.
These claims included doom forecasts for the global dominance of the US dollar, which are the country's record inflation and the latest inflation bank failures
"Our currency crashes and will no longer be the world standard, which will honestly be our greatest defeat in 200 years," he said. "That will even prevent us from being a great power."
The Federal Reserve quickly put on its key interest rate last year to suppress inflation, which reached a maximum of 9.1 % in June 2022. This was followed by a two-year period with record-low interest rates of 0.25 %, which began under the Trump administration, although some faith wasteful editions also contributed to increasing prices.
The Bitcoin-supporting Republican Senator Cynthia Lummis previously blamed the irresponsible fiscal policy of both political parties for inflation and the imposition of the public debt. "Thank god for Bitcoin and other digital currencies that overcome the irresponsibility of governments-including our own-" she said called back then.
no Bitcoin fan
During the US dollar, this does not mean that Trump is optimistic at Bitcoin. He repeated blown up ES and other cryptocurrencies as "fraud" that should be regulated so that they "do not take the $ dollar and the meaning of the dollars".
However, Trump apparently has no problem with NFTS through which both he and his wife collected money by launching their own personalized collections. After his arrest sales of the digital art of the former president quickly multiplied .
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