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The Fake Analysts Scaring Everyone About the Dollar
by Martin Armstrong
Armstrong Economics
QUESTION: We all know who copies your work and pretends it is his. He is out now scaring the world that the dollar is going to crash, for the Chinese are selling dollars. You are the only person with a real database. What is your view on the dollar?
[…] ANSWER: I know who you are talking about. I get emails about him all the time. He likes the notoriety but lacks the staff or the database to provide his self-proclaimed forecasts. I will provide the specifics on the private blog. However, April has been our target for many months. The often people out there constantly calling for the demise of the dollar are MORONS. They never look outside of the United States. They may be claiming that China is dumping dollars, but they began liquidating US debt in the tens of billions in 2013, and accelerated that because of Biden’s Neocons post-2022. They pretend this is something new, all because of Trump. They make it sound like they are on top of this, but where have they been since 2013?
Federal Reserve Chair Sees Growing Risk of Stagflation as Trump Pushes Rate Cuts
by Austin Denean
The National News Desk
WASHINGTON (TNND) — Tensions between the White House and the Federal Reserve are increasing after Fed chair Jerome Powell warned the central bank could have less flexibility to maneuver with interest rates due to aggressive tariff policy from the president and resulting trade wars.
Economists have been sounding alarms that the aggressive tariffs put into place by Trump — an across-the-board 10% tax on imports, Chinese goods with a tariff of 145%, Mexican and Canadian products at 25%, along with imported vehicles and auto parts, steel and aluminum facing a 25% tariff — is putting the economy at risk by raising the odds that prices will have to increase as businesses adjust to higher costs and could slow growth as consumers’ budgets are stretched with inflation still over the Fed’s 2% target.
Fed Chair Warns of High Inflation and Slow Economic Growth. What is Stagflation?
by Rachel Barber
USA Today
Federal Reserve Chair Jerome Powell’s comments Wednesday appeared to heighten financial experts’ fears that tariffs on goods imported to the U.S. could bring about an economic condition known as “stagflation.”
Powell didn’t use the exact word, but said President Donald Trump’s on-again, off-again tariffs were “highly likely” to fuel inflation and could slow growth – two things that when combined have historically marked periods of stagflation.
“Unemployment is likely to go up as the economy slows, in all likelihood, and inflation is likely to go up as tariffs find their way and some part of those tariffs come to be paid by the public,” Powell said in a speech at the Economic Club of Chicago. “So that’s the strong likelihood.”
U.S. Tariffs Will Weaken Global Economy and Trigger Inflation but Not a Global Recession, IMF Says
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund
by Christopher Rugaber
ABC News
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund.
The IMF’s Managing Director, Kristalina Georgieva, said Thursday that the Trump administration’s sharp increases in duties have caused global uncertainty to spike. The import taxes will slow global growth, but not cause a worldwide recession, she added. The details of the IMF’s outlook will be issued Tuesday.
The world economy’s resilience is being tested “by the reboot of the global trading system” that threatens to cause turbulence in financial markets, Georgieva said.
Markets Drop as Powell Warns of Stagflation
by Tobias Burns
The Hill
Markets took a dive Wednesday after Federal Reserve Chair Jerome Powell painted a stagflationary picture of risks facing the economy, warning of both lower growth and higher prices as a result of the Trump administration’s tariff policies.
The Dow Jones Industrial Average dropped 700 points or 1.7 percent after starting the day off with some gains. The S&P 500 was down 2.3 percent, and the technology heavy Nasdaq Composite lost more than 3 percent of its value.
Tech was hit particularly hard again, with the SPDR NYSE technology exchange-traded fund posting a 3.1 percent loss on the day.
Speaking at an event in Chicago, Powell said the economy would be “moving away” from its goals of stable prices and maximum employment, saying there might not be “any progress” on them for the remainder of the year.
U.S. ‘Strong Dollar’ Policy Rings Increasingly Hollow
by Jamie McGeever
Reuters.com
ORLANDO, Florida, April 15 (Reuters) – U.S. Treasury Secretary Scott Bessent on Monday repeated the mantra we’ve heard from his nine predecessors: “We have a strong dollar policy.” While the words are familiar, the conviction behind them may have softened.
It was former Treasury Secretary Robert Rubin who, 30 years ago in early 1995, declared that “a strong dollar is in our national interest,” articulating what has become one of the fundamental tenets of the modern global financial system.
The ‘strong dollar’ policy has always been about more than just the exchange rate, although a more expensive currency can help keep inflation and interest rates low. This policy has represented the world’s trust in the U.S., and, consequently, the greenback’s role as the lynchpin of the global economy.
Gold Price Eases Below $3,330 After Record High as Powell Flags Stagflation Risk
Gold pulls back from $3,357 all-time high as Powell warns Fed’s goals may conflict, raising stagflation concerns.
by Christian Borjon Valencia
FX Street
Gold retreated on Thursday ahead of the Good Friday Easter holiday, losing 0.60%, after enjoying a rally of close to $400 gains during the last seven trading days on uncertainty about the United States’ (US) trade policies. /USD trades at $3,319 after hitting a record high of $3,357 earlier in the session.
Market mood closed the last trading day of the week mixed, with two of the three main US indices posting gains, while the UnitedHealth Group plunge hit the Dow Jones. Wednesday’s speech by the Federal Reserve (Fed) Chair Jerome Powell continues to be digested by the markets.
Fed Chair Powell turned hawkish, revealing that a weak economy and high inflation could conflict with the central bank’s two goals, making a stagflationary scenario possible.
Trump Wants Lower Interest Rates to ‘Counteract’ the Inflation From His Own Tariff Policies
President Donald Trump wants the Federal Reserve to cut interest rates as a countermeasure to the expected economic slowdown and rising inflation from tariffs. However, widespread uncertainty is only making it harder for the Fed to put an end to its current holding pattern on rate cuts.
by Paolo Confino
Fortune
President Donald Trump and Federal Reserve Chair Jerome Powell are at odds.
On Thursday Trump again called on the Fed, and Powell specifically, to lower interest rates. Just a day earlier Powell had reiterated the Fed’s view that the relative strength of the economy meant it didn’t have to rush to make a decision.
“For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance,” Powell said on Wednesday.
Powell’s cautious approach incensed the president. In a social media post early Thursday morning, Trump called Powell’s assessment a “mess” and accused him of being “TOO LATE AND WRONG.”
This is What the Start of the Dollar Collapse Looks Like
by David Haggith
GoldSeek
One of my recent warnings was that the US is sliding toward more credit downgrades because the Trump Tariffs are stripping away the one thing essential to the dollar surviving as the global trade currency—TRADE. The big thing that makes the present situation far more precarious for the dollar than any previous situation is that the trade that makes dollars desirable and even needed around the world is being seriously sucked down a vortex. That greatly reduces the need for dollars in trade, which makes this the easiest time ever for any nation wanting to ditch the dollar to do so as a way to finally end US hegemony.
That doesn’t mean the dollar will go down without a hard fight, and it doesn’t mean the dollar cannot still be saved, but its rapid decline has begun, and suddenly, few seem to be arguing with that. In fact, many are openly saying it. Probably no one can say, based on any actual experience, how far a currency as broad and stable for such a long time as the dollar can slide before momentum continues the flush, no matter what anyone does to intervene.
The U.S. Dollar is Crashing, and Our Reserve Currency Status is in Serious Jeopardy – Is This Being Done by Design?
by Michael Snyder
The Economic Collapse Blog
For many years, pundits have been warning us that the U.S. dollar would collapse. In 2025, it is actually starting to happen. The U.S. dollar hit a three year low against other global currencies last week, and on Wednesday the crash of the dollar resumed. Overall, the U.S. dollar is now down about 9 percent over the past 3 months. The currency that has benefitted the most is the Swiss franc. The USD/CHF recently hit the lowest level that we have seen in 14 years. What we are witnessing is literally a bloodbath, and many experts are suggesting that our reserve currency status is now in serious jeopardy.
Many were hoping that the dollar would bounce back this week, but there was more carnage on Wednesday…
The dollar resumed its fall on Wednesday with both safe havens and risk sensitive currencies outperforming the greenback as traders waited to see if U.S. President Donald Trump’s administration reaches new trading agreements with partners.