What’s a dollar worth?
Update: 2025-01-07
Description
President-elect Donald Trump spent much of his campaign promising to impose tariffs on Chinese goods, and the value of the dollar has fluctuated in response to his trade agenda. We’ll explain the connection — and why lower import tariffs bring down the dollar’s value against other currencies. Also in this episode: Small businesses take advantage of their leases, home equity could fuel a massive wealth transfer and the GOP presses for changes to how the government calculates the cost of legislation.
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government taxes get spent by congress and politicians like drunken sailors on weekend leave. where as tax cuts has those dollars go to market and they grow by circulation.