From: "Jeffrey E." <jeevacation@grnail.com>
To: Steve Bannon
Subject:
Date: Sun, 22 Jul 2018 10:41:41 +0000
1 currency war - a strong dollar is already a tariff!' imposed on foreign trading partners. they need to spend
more local money for the exact same product assuming the price stays the same in dollars. 2. unless they
have investments in us dollars factory bonds real estate. they are losers. . so investments are a hedge to the
foreigners that have enough to invest in dollar denominated assets. .. 3. Tariffs are the equivalent of 19th
century cannons. no longer a real danger but send a frightening message. . we can talk sometime how to fight
in the 21 century. 4. currency wars are like cyber wars. there is no way to stop them entirely except
spankings. do this again and we XXX . 5. the treasury recent rise in interest rates can be seen as a step
in a dumb battle. it causes more investment in dollars. draining the foreigners reserves.. it causes higher
local prices as the conversion is less advantageous. . it drives up borrowing cost locally making wages more
difficutl to raise. 6 the older crowd that lived throuigh ww2 in treasury live in an age frigthened of nuclear
weapons , instead of cyber , bio, and terrified of inflation ( reichmarks ) , some inflation is good. wages go
up. everyone feels better. debt easier to pay off.!! .
2 The carter page docs. - : the fbi " speculated " that they were for a campaign ? what happened to highly
confident. !!
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