Former President Donald Trump warned against the declining value and power of the American dollar in an interview on Thursday saying the dollar is “waning.”
In an interview with Larry Kudlow, Trump discussed the decrease in value of the US dollar, not just its buying power in the US, but how it is declining as the world reserve currency. “You want the dollar to remain the world’s reserve currency?” Kudlow asked Trump.
“Well, I think it’s bigger than losing any war,” Trump said. “We are already reverting to third world status in many ways. You look at our airports, you look at our terminals, you look at our filthy roads… We’re like a third world country.”
Trump told Kudlow about the declining power and value of the US dollar on the world stage as a reserve currency for other nations such as China.”We have something that’s very powerful and that’s our dollar,” […]
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