Just about time
Quote:
Republican presidential candidate Donald Trump on Thursday blasted currency devaluations around the world for hurting the U.S. economy and costing American jobs, and defended his calls for a tougher U.S. stance on trade.
Asked about the European Central Bank's decision on Thursday to cut interest rates, Trump told CNBC that such devaluations were driving manufacturing and other jobs outside of the United States.
"We just sit back and do nothing," Trump said. "That's getting to be very dangerous as far as I'm concerned."
A more effective economic move than devaluations would be charging a tax on products made abroad and sold in the United States, particularly those from China, Trump said.
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http://finance.yahoo.com/news/trump-...-business.html
And ECB just expanded their QE program today
We need tougher policies about these devaluations.
Charging them a tax according to their devaluations would make a buffer
We definitely need more attention and discussion about this.
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