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"Because trading currencies to balance trade positions is so profitable, Wall Street has blocked every attempt by the American or any other administration to do anything about currency speculation."
"Trump and the financial markets: It could be quite simple": https://www.flassbeck-economics.com/trump-and-the-financial-markets-it-could-be-quite-simple/
flassbeck economics international · Trump and the financial markets: It could be quite simpleOne of Donald Trump’s most important trade advisors, Peter Navarro, defended the American president’s trade policies some time ago in an article in the Financial Times, making at least …