The answer: A strong dollar makes foreign stuff cheap (yay!), and stuff we make expensive for foreigners (boo!). Depends on what you want.
Trump's 3am call asking his national security adviser if it's a strong or a weak dollar that's good for the economy. http://www.huffingtonpost.com.au/entry/trump-administration-leaks_us_589a45f1e4b04061313a1fbb …pic.twitter.com/EN6hmaEsWu
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Maybe the real answer is that it would be useful to have a real economist serving somewhere inside the White House.
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Trump has appointed zero people to his 3-member Council of Economic Advisers. Fair enough, it's just the economy, right...
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@JustinWolfers oh are we not doing economic anxiety anymore? - さらに表示
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@JustinWolfers turns out running a business does not equate to running an economy. Shocker. -
@rsherrard7@JustinWolfers Yes "running a business ≠ running an economy" but bankrupting businesses might equate to bankrupting a country -
@Juan_Abbe@rsherrard7@JustinWolfers This call is more evidence Trump doesn't understand expertise. He thinks dealing is the only skill. -
@EconSquirrel@rsherrard7@JustinWolfers How would Trump fare in The Lord of the Flies? -
@Juan_Abbe@rsherrard7@JustinWolfers Fat. Killed for meat but not eaten. Hooker urine and spray tan marinade no good.
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@JustinWolfers Seems sane. Anytime I'm stuck on a cooking recipe, I phone a plumber. -
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Apparently it's not very hard to get a Wharton degree
@JustinWolfershttps://twitter.com/JustinWolfers/status/829161586417754113 … - さらに表示
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@JustinWolfers@BryanLowry3 the U.S. Is in such deep, deep shit.... -
@TomKrebs1 Krebs unleashed.
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@JustinWolfers Side effects of Propecia include insomnia, anxiety and confusion. -
@JustinWolfers@emilynussbaum on a positive note at least he didn't call Putin to ask him that -
@JustinWolfers@emilynussbaum should've called OBAMA -
@JustinWolfers@VMSantos that's worse than me always having to ask Google if the alligator mouth points to bigger or smaller.
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