Trump Moving Too Fast?

[soberxp]

The Holy Spirit corrects through the sanctification the evil, greed, lust etc, to cleanse you to be more conformed to the image of Christ.

Agree. the kingdom of God never happen on earth but on us.(believer)

 

[Scott Downey]

Nothing else avails you for your salvation except that you become a new creation.
And when you believe, you are become the Israel of God. These promises, God has imputed, as in given to us, given to all who believe what God has said.

Galatians 6

Glory Only in the Cross​

11 See with what large letters I have written to you with my own hand! 12 As many as desire to make a good showing in the flesh, these would compel you to be circumcised, only that they may not suffer persecution for the cross of Christ. 13 For not even those who are circumcised keep the law, but they desire to have you circumcised that they may boast in your flesh. 14 But God forbid that I should boast except in the cross of our Lord Jesus Christ, by [b]whom the world has been crucified to me, and I to the world. 15 For in Christ Jesus neither circumcision nor uncircumcision avails anything, but a new creation.

Blessing and a Plea​

16 And as many as walk according to this rule, peace and mercy be upon them, and upon the Israel of God.

17 From now on let no one trouble me, for I bear in my body the marks of the Lord Jesus.

18 Brethren, the grace of our Lord Jesus Christ be with your spirit. Amen.

Romans 9

6 But it is not that the word of God has taken no effect. For they are not all Israel who are of Israel, 7 nor are they all children because they are the seed of Abraham; but, “In Isaac your seed shall be called.” 8 That is, those who are the children of the flesh, these are not the children of God; but the children of the promise are counted as the seed. 9 For this is the word of promise: “At this time I will come and Sarah shall have a son.”

10 And not only this, but when Rebecca also had conceived by one man, even by our father Isaac 11 (for the children not yet being born, nor having done any good or evil, that the purpose of God according to election might stand, not of works but of Him who calls), 12 it was said to her, “The older shall serve the younger.” 13 As it is written, “Jacob I have loved, but Esau I have hated.”

You are of the children of God according to the promise of God according to Abraham who is the father us all, by faith.
Abraham believed God, And God credited Abraham with righteousness.

Romans 4 has important truths for us today
What then shall we say that Abraham our father[a] has found according to the flesh? 2 For if Abraham was justified by works, he has something to boast about, but not before God. 3 For what does the Scripture say? “Abraham believed God, and it was [b]accounted to him for righteousness.” 4 Now to him who works, the wages are not counted [c]as grace but as debt.

David Celebrates the Same Truth​

5 But to him who does not work but believes on Him who justifies the ungodly, his faith is accounted for righteousness, 6 just as David also describes the blessedness of the man to whom God imputes righteousness apart from works:

7 “Blessed are those whose lawless deeds are forgiven,
And whose sins are covered;
8 Blessed is the man to whom the Lord shall not impute sin.”

Abraham Justified Before Circumcision​

9 Does this blessedness then come upon the circumcised only, or upon the uncircumcised also? For we say that faith was accounted to Abraham for righteousness. 10 How then was it accounted? While he was circumcised, or uncircumcised? Not while circumcised, but while uncircumcised. 11 And he received the sign of circumcision, a seal of the righteousness of the faith which he had while still uncircumcised, that he might be the father of all those who believe, though they are uncircumcised, that righteousness might be imputed to them also, 12 and the father of circumcision to those who not only are of the circumcision, but who also walk in the steps of the faith which our father Abraham had while still uncircumcised.

The Promise Granted Through Faith​

13 For the promise that he would be the heir of the world was not to Abraham or to his seed through the law, but through the righteousness of faith. 14 For if those who are of the law are heirs, faith is made void and the promise made of no effect, 15 because the law brings about wrath; for where there is no law there is no transgression.

16 Therefore it is of faith that it might be according to grace, so that the promise might be [d]sure to all the seed, not only to those who are of the law, but also to those who are of the faith of Abraham, who is the father of us all 17 (as it is written, “I have made you a father of many nations”) in the presence of Him whom he believed—God, who gives life to the dead and calls those things which do not exist as though they did; 18 who, contrary to hope, in hope believed, so that he became the father of many nations, according to what was spoken, “So shall your descendants be.” 19 And not being weak in faith, he did not consider his own body, already dead (since he was about a hundred years old), and the deadness of Sarah’s womb. 20 He did not waver at the promise of God through unbelief, but was strengthened in faith, giving glory to God, 21 and being fully convinced that what He had promised He was also able to perform. 22 And therefore “it was accounted to him for righteousness.”

23 Now it was not written for his sake alone that it was imputed to him, 24 but also for us. It shall be imputed to us who believe in Him who raised up Jesus our Lord from the dead, 25 who was delivered up because of our offenses, and was raised because of our justification.

 

[amigo de christo]

Nothing else avails you for your salvation except that you become a new creation.
And when you believe, you are become the Israel of God. These promises, God has imputed, as in given to us, given to all who believe what God has said.

Galatians 6

Glory Only in the Cross​

11 See with what large letters I have written to you with my own hand! 12 As many as desire to make a good showing in the flesh, these would compel you to be circumcised, only that they may not suffer persecution for the cross of Christ. 13 For not even those who are circumcised keep the law, but they desire to have you circumcised that they may boast in your flesh. 14 But God forbid that I should boast except in the cross of our Lord Jesus Christ, by [b]whom the world has been crucified to me, and I to the world. 15 For in Christ Jesus neither circumcision nor uncircumcision avails anything, but a new creation.

Blessing and a Plea​

16 And as many as walk according to this rule, peace and mercy be upon them, and upon the Israel of God.

17 From now on let no one trouble me, for I bear in my body the marks of the Lord Jesus.

18 Brethren, the grace of our Lord Jesus Christ be with your spirit. Amen.

Romans 9

6 But it is not that the word of God has taken no effect. For they are not all Israel who are of Israel, 7 nor are they all children because they are the seed of Abraham; but, “In Isaac your seed shall be called.” 8 That is, those who are the children of the flesh, these are not the children of God; but the children of the promise are counted as the seed. 9 For this is the word of promise: “At this time I will come and Sarah shall have a son.”

10 And not only this, but when Rebecca also had conceived by one man, even by our father Isaac 11 (for the children not yet being born, nor having done any good or evil, that the purpose of God according to election might stand, not of works but of Him who calls), 12 it was said to her, “The older shall serve the younger.” 13 As it is written, “Jacob I have loved, but Esau I have hated.”

You are of the children of God according to the promise of God according to Abraham who is the father us all, by faith.
Abraham believed God, And God credited Abraham with righteousness.

Romans 4 has important truths for us today
What then shall we say that Abraham our father[a] has found according to the flesh? 2 For if Abraham was justified by works, he has something to boast about, but not before God. 3 For what does the Scripture say? “Abraham believed God, and it was [b]accounted to him for righteousness.” 4 Now to him who works, the wages are not counted [c]as grace but as debt.

David Celebrates the Same Truth​

5 But to him who does not work but believes on Him who justifies the ungodly, his faith is accounted for righteousness, 6 just as David also describes the blessedness of the man to whom God imputes righteousness apart from works:

7 “Blessed are those whose lawless deeds are forgiven,
And whose sins are covered;
8 Blessed is the man to whom the Lord shall not impute sin.”

Abraham Justified Before Circumcision​

9 Does this blessedness then come upon the circumcised only, or upon the uncircumcised also? For we say that faith was accounted to Abraham for righteousness. 10 How then was it accounted? While he was circumcised, or uncircumcised? Not while circumcised, but while uncircumcised. 11 And he received the sign of circumcision, a seal of the righteousness of the faith which he had while still uncircumcised, that he might be the father of all those who believe, though they are uncircumcised, that righteousness might be imputed to them also, 12 and the father of circumcision to those who not only are of the circumcision, but who also walk in the steps of the faith which our father Abraham had while still uncircumcised.

The Promise Granted Through Faith​

13 For the promise that he would be the heir of the world was not to Abraham or to his seed through the law, but through the righteousness of faith. 14 For if those who are of the law are heirs, faith is made void and the promise made of no effect, 15 because the law brings about wrath; for where there is no law there is no transgression.

16 Therefore it is of faith that it might be according to grace, so that the promise might be [d]sure to all the seed, not only to those who are of the law, but also to those who are of the faith of Abraham, who is the father of us all 17 (as it is written, “I have made you a father of many nations”) in the presence of Him whom he believed—God, who gives life to the dead and calls those things which do not exist as though they did; 18 who, contrary to hope, in hope believed, so that he became the father of many nations, according to what was spoken, “So shall your descendants be.” 19 And not being weak in faith, he did not consider his own body, already dead (since he was about a hundred years old), and the deadness of Sarah’s womb. 20 He did not waver at the promise of God through unbelief, but was strengthened in faith, giving glory to God, 21 and being fully convinced that what He had promised He was also able to perform. 22 And therefore “it was accounted to him for righteousness.”

23 Now it was not written for his sake alone that it was imputed to him, 24 but also for us. It shall be imputed to us who believe in Him who raised up Jesus our Lord from the dead, 25 who was delivered up because of our offenses, and was raised because of our justification.

Indeed . PREACH CHRIST JESUS and THE DIRE NEED TO BELIEVE ON HIM
cause anything else is but vain , false hope and saves none and will save none but damn all .
One thing i know is that while most folks have long fled men like me
THE ONE thing they cannot say about me is , THAT I NEVER POINTED TO ONLY JESUS THE CHRIST .
see, this sheep DONT POINT TO ANYTHING OR ANYONE ELSE . cause WELL THAT DONT and WONT SAVE SQUAT .
WE has got to point ONLY TO CHRIST JESUS and all His lovely words ALL lovely and pure sound doctrine .
Far too many preach twisted doctrines at most , and yah that dont save
IN fact here is what it do , they twist the doctrine UNTO THEIR OWN DESTRUCTION . twisted doctrine
leads ONLY TO ONES OWN DESTRUCTION .

 

[Marvelloustime]

Indeed . PREACH CHRIST JESUS and THE DIRE NEED TO BELIEVE ON HIM
cause anything else is but vain , false hope and saves none and will save none but damn all .
One thing i know is that while most folks have long fled men like me
THE ONE thing they cannot say about me is , THAT I NEVER POINTED TO ONLY JESUS THE CHRIST .
see, this sheep DONT POINT TO ANYTHING OR ANYONE ELSE . cause WELL THAT DONT and WONT SAVE SQUAT .
WE has got to point ONLY TO CHRIST JESUS and all His lovely words ALL lovely and pure sound doctrine .
Far too many preach twisted doctrines at most , and yah that dont save
IN fact here is what it do , they twist the doctrine UNTO THEIR OWN DESTRUCTION . twisted doctrine
leads ONLY TO ONES OWN DESTRUCTION .

@amigo de christo

 

[amigo de christo]

Nothing else avails you for your salvation except that you become a new creation.
And when you believe, you are become the Israel of God. These promises, God has imputed, as in given to us, given to all who believe what God has said.

Galatians 6

Glory Only in the Cross​

11 See with what large letters I have written to you with my own hand! 12 As many as desire to make a good showing in the flesh, these would compel you to be circumcised, only that they may not suffer persecution for the cross of Christ. 13 For not even those who are circumcised keep the law, but they desire to have you circumcised that they may boast in your flesh. 14 But God forbid that I should boast except in the cross of our Lord Jesus Christ, by [b]whom the world has been crucified to me, and I to the world. 15 For in Christ Jesus neither circumcision nor uncircumcision avails anything, but a new creation.

Blessing and a Plea​

16 And as many as walk according to this rule, peace and mercy be upon them, and upon the Israel of God.

17 From now on let no one trouble me, for I bear in my body the marks of the Lord Jesus.

18 Brethren, the grace of our Lord Jesus Christ be with your spirit. Amen.

Romans 9

6 But it is not that the word of God has taken no effect. For they are not all Israel who are of Israel, 7 nor are they all children because they are the seed of Abraham; but, “In Isaac your seed shall be called.” 8 That is, those who are the children of the flesh, these are not the children of God; but the children of the promise are counted as the seed. 9 For this is the word of promise: “At this time I will come and Sarah shall have a son.”

10 And not only this, but when Rebecca also had conceived by one man, even by our father Isaac 11 (for the children not yet being born, nor having done any good or evil, that the purpose of God according to election might stand, not of works but of Him who calls), 12 it was said to her, “The older shall serve the younger.” 13 As it is written, “Jacob I have loved, but Esau I have hated.”

You are of the children of God according to the promise of God according to Abraham who is the father us all, by faith.
Abraham believed God, And God credited Abraham with righteousness.

Romans 4 has important truths for us today
What then shall we say that Abraham our father[a] has found according to the flesh? 2 For if Abraham was justified by works, he has something to boast about, but not before God. 3 For what does the Scripture say? “Abraham believed God, and it was [b]accounted to him for righteousness.” 4 Now to him who works, the wages are not counted [c]as grace but as debt.

David Celebrates the Same Truth​

5 But to him who does not work but believes on Him who justifies the ungodly, his faith is accounted for righteousness, 6 just as David also describes the blessedness of the man to whom God imputes righteousness apart from works:

7 “Blessed are those whose lawless deeds are forgiven,
And whose sins are covered;
8 Blessed is the man to whom the Lord shall not impute sin.”

Abraham Justified Before Circumcision​

9 Does this blessedness then come upon the circumcised only, or upon the uncircumcised also? For we say that faith was accounted to Abraham for righteousness. 10 How then was it accounted? While he was circumcised, or uncircumcised? Not while circumcised, but while uncircumcised. 11 And he received the sign of circumcision, a seal of the righteousness of the faith which he had while still uncircumcised, that he might be the father of all those who believe, though they are uncircumcised, that righteousness might be imputed to them also, 12 and the father of circumcision to those who not only are of the circumcision, but who also walk in the steps of the faith which our father Abraham had while still uncircumcised.

The Promise Granted Through Faith​

13 For the promise that he would be the heir of the world was not to Abraham or to his seed through the law, but through the righteousness of faith. 14 For if those who are of the law are heirs, faith is made void and the promise made of no effect, 15 because the law brings about wrath; for where there is no law there is no transgression.

16 Therefore it is of faith that it might be according to grace, so that the promise might be [d]sure to all the seed, not only to those who are of the law, but also to those who are of the faith of Abraham, who is the father of us all 17 (as it is written, “I have made you a father of many nations”) in the presence of Him whom he believed—God, who gives life to the dead and calls those things which do not exist as though they did; 18 who, contrary to hope, in hope believed, so that he became the father of many nations, according to what was spoken, “So shall your descendants be.” 19 And not being weak in faith, he did not consider his own body, already dead (since he was about a hundred years old), and the deadness of Sarah’s womb. 20 He did not waver at the promise of God through unbelief, but was strengthened in faith, giving glory to God, 21 and being fully convinced that what He had promised He was also able to perform. 22 And therefore “it was accounted to him for righteousness.”

23 Now it was not written for his sake alone that it was imputed to him, 24 but also for us. It shall be imputed to us who believe in Him who raised up Jesus our Lord from the dead, 25 who was delivered up because of our offenses, and was raised because of our justification.

Never fear nor hate a grave and stern man . Someone has to do something .
The lake of fire is as real as our new home . Always TEST all who do speak . But never see
a grave man who speaks truth as being in error . THIS generatoin has no idea what it has lost . NO idea scott .
Its too busy following effeminate men who at most speak as soft women and pull out chairs for women to lead this people .
And even now allow children to lead this people . AS THOUGH a child knows what is best for them .
Grave men are in DIRE necessity for this generation . and believe me , You think i am grave
THEN you all would have ran from JESUS and the apostels .
JESUS didnt enter into the temple to wash the feet of pharisees and to holler judge not .
Yet men got images of HIM washing the feet OF TRANSGENDERS . what on earth IS GONE WRONG with this people .
SUCKER FRIENDLY is what has went wrong with them and now they get only worse and worse .
SO do try and not see me as hateful or a hater . SOMEONE gotta do something .

 

[amigo de christo]

Agree. the kingdom of God never happen on earth but on us.(believer)

Over the moutains , through the hills and the valleys
from sea to sea
from all around the world , ITS HIGH TIME folks get back into the bible
and we start preaching and pointing TO CHRIST JESUS and all lovely pure and holy sound biblical doctrine again .
Now to the trenches my friend . whether a man speaks mandarin , english , french or etc
Whether he be born in america , canada , china or etc
ITS TIME for the peoples OF GOD to arise and contend for the true faith .

 

[Reggie Belafonte]

Agree. the kingdom of God never happen on earth but on us.(believer)

What was the Garden Adam and Eve Paradise ? but for One the Serpent that misslead ?

The Kingdom of God is within you, it's within your grasp ?

But for the issue of Sin that is in the world because of the Serpent ? that is the curse ? the issue ! For this world is Full of Delusions ? get that ! and also Full of Deceptions, get that ! and why is it so ? because this world is under a Curse !

Not this world it's self ! the Planet. but the Issue of Sin !

Communal and Communism are not the same thing at all.
Communism is Anti-Christ in fact ! and Communism is a Religion regardless of what they may claim in fact ! and Communism is the greatest Religion of all ?
Religion does not Save ones Soul, it destroys the Soul ! it creats Dupes ! who can not think for themselves, such only follow along for they have no true strength of mind, it's typical of all Socialist that I have ever met, they are not their own person, they only look to others for the way and never step out from that comfort zone ! so If 20 people were talking say ? One will not speek ones own mind and challange anyone in the room, for they do not possess that ability to debate openly or with freedom to be incorraged to do so ? The issue here is even if that one is wrong, be it on one point is not the issue in fact ? when others have an clear and open mind ? but ones with a Socialist possition do not like any such talking, for they look around the room in feer of others because truly they are all like 5yo brats ! Ignorant Dupes with no indepth understanding, because that part of the Brain has been undermined ! schooling has not strengthened that part of the Brain.
So you see such cry babys, the likes of Trump haters ! because they are out of their comfort Zone in fact and so delusional, they believe the MSM Whore ! and all of the Socialist Party's Spin !
They are weak minded people overall ? because they just follow along with the nonsense just like the majority of Jews did back when Jesus was attacked 24/7 It's the same mentality ! Dupes !
But see some of the Jews had something more ! They truly had faith in Holy Moses ! so they had eyes to see and ears to hear in fact, for they were with God ! not just Religious dupes following along with the Blind !

See their is an Issue here !

The ones who can and the ones who carn't ?
You start walking with Christ or the ones who will not ! for they can not step out of that comfort Zone ! for they feel that they will be seen as a Idiot if they take that first step ! for the Mob Do not Value others who can think past the Mob's intent ! It's like who are you ! and they will only work so as to undermine one as a fool ?

But the issue for one who is not of the Mob is foregiving ! not critical ! but will help such a one to grow ? That's what Christ Jesus is all about ! Growing in Grace ! Socialism does not have any Grace at all ! what they think Grace is, is only worldly grace, big difference ! but carnal people do not fathom such at all in fact. Because no Socialist is ever a truly born again Christian that is Saved in fact !

Now to another point regarding typical Socialist, is the Issue of wealth ? Capitalism is a Sin ! yes it sure is in fact, when looking at if from a typical Socialist possition, why because Socialist are a low life form and that's why they can not see past their own nose in fact !
That is not Capitalism ? Capitalism is much more than that crap ! but yes the obvious that a Socialist make out does exist ! but that is not the big picture in fact, Capitalism is a System just as any other system and the Issue is Corruption ! and such people getting away with criminal intent. not to mention are Devils just as everyone under Communism is.

I know of full on Socialist who became wealthy only to become Capitalist ! but a stupid idiot Capitalist moron, why is that, well it's because they do not understand the big picture ! they are still the Socialist mind set of no Grace ! Worldly Morons Dupes regardless be it wealthy.

I remember back when The School system was corrupted even back in the 60's by Socialist intent, I know who the Socialist Teachers all were back in my school days.
That's why we were being endoctrinated and not educated ! and that's why so many simple minded dupes and idiots are around.

Just because one does well in Test does not mean they are truly bright. for many fail badly that i knew, got into drugs, involved with bad company you name it, Weak minded dupes ? They did not have what it truly takes, Grace ! for if they did, they could over come such issues.
That's why an education regarding Christ Jesus is the most important in ones life in fact !

 

[Hidden In Him]

JUST IN: California Governor Gavin Newsom Announces Lawsuit Against President Trump | The Gateway Pundit | by Cullen Linebarger

In a bold move, Governor Gavin Newsom has initiated a lawsuit against President Trump over harmful tariffs, asserting their detrimental impact on California's economy and families. This escalating political clash raises critical questions about economic policy and leadership.

www.thegatewaypundit.com

Newsom has to go!

Much love!

Trump just removed all reciprocal tariffs on China for technology, like chips, phone, and computers.

Meaning all the stocks which plummeted in the US and China related to those technologies will soar next week

https://finance.yahoo.com/news/trump-exempts-phones-computers-chips-124707368.html
The exclusions, published late Friday by US Customs and Border Protection, narrow the scope of the levies by excluding the products from Trump’s 125% China tariff and his baseline 10% global tariff on nearly all other countries.

Now if we were to sell California to China with a good chuck of the national debt that would be fitting.

Interesting article in the Wall Street Journal today:

Trump’s Trade Offensive Threatens America’s Financial Primacy​

Rising volatility and dollar weakness raise fears of a financial realignment, away from U.S. shores​

Illustration: Emil Lendof/WSJ, iStock
By Nick Timiraos
April 20, 2025 9:00 pm ET

Financial markets have flashed an ominous message this month about President Trump’s ambitious and improvisational bid to reshape global trade: Be careful what you wish for.

Volatility in Treasury markets and unexpected weakness in the dollar suggest that what began as a trade conflict could morph into a more dangerous “capital war.” The clash threatens to raise U.S. borrowing costs by undermining Washington’s long-standing financial primacy, which for years has drawn trillions of dollars of foreign funds into the country.

"The idea that you can break trade, and not break the capital flow side, is a fantasy," said Steven Blitz, Chief US economist at GlobalData TS Lombard. Market volatility spiked after the president unspooled his fluid and unpredictable trade policy on April 2... A brutal bond-market selloff unfolded, against a backdrop of a weakening dollar, which normally strengthens during bouts of stress. The abnormal combination prompted some analysts to warn about capital flight from the US...

"The behavior of investors changed. Ordinarily they would have bought the dollar in this time of crisis time, and instead they sold the dollar," said Steven Kamin, a former senior Fed economist who is now at the American Enterprise Institute.

There was an interesting dream a brother in Christ sent me in relation to this about six months ago, that the strength of the US dollar was what was keeping the recession and/ or depression flood waters back, and with the dollar weakening, that could spell bad things for the future, especially if foreign funds are increasingly being drawn away from the US instead of to it.

I will add it next post.

 

[Hidden In Him]

Posted by a friend on October 13th of last year (goes by @talons here), and it appears it is suddenly becoming more relevant, as the dollar is now suddenly weakening in light of the trade wars. At the time this dream was received, the message was that the dollar was keeping the US economy from sinking, though the implication was that a flood is on its way and would reach us eventually.

Andrew Jackson Dream

I was in long room and I was up close to a wall with other people close to the wall on the other side of the door about 15 feet from the door. The room had a tile floor and water was leaking under the door from outside and running down the grout lines of the tile mostly away from me toward the other people. I told the other people who were not noticing the water coming in to look at what was happening, and the water was coming in fairly fast as some of the tiles were now completely covered. So as we went to check and see what we could do about the leak at the door, there was an eagle standing right in front of and facing the door. The eagle was like it had been molded into a 2X2 flat square plaque and flattened out, wings kind of spread like this stamp but a live eagle.

The eagle's name was "Jackson," which was given to me in the dream when I saw President Andrew Jackson like he appears on $20 bill. I went and picked up Jackson and moved him away from the door, but he walked right back to his post about a foot away from the door. The only part of the eagle that was animate was his feet to walk with, and his eyes and eyebrows (you could read his expressions). He was not happy when I moved him away from the door, and it pained him to have walk back to his position facing it. He felt like a real eagle would feel when I picked him up and moved him. We were going to open the door, but Jackson walked back over and did not allow us to open the door. That was when we laughed, and I said we needed to trade Jackson in at the bank for a newer eagle, since he was looking kind of worn. But he was still standing in his spot at the door.
____________________

Interpretation:

Not long ago when China and Russia started colluding to compete against the US dollar by not honoring it as the preferred world currency, many thought it would start the dollar's long, slow decline, and economies dependent upon it would start declining as well. Well, the world's economies are indeed sinking, but it has not been because of the US dollar. In fact, the opposite has occurred. The US dollar has actually gotten stronger, and the dream suggests it is what now stands "at the door" from the world economy collapsing. The water starting to flood in is reminiscent of other visions that the global economy will eventually start "sinking" like the Titanic, but this dream says it won't be happening yet, at least not in the US, so long as the dollar continues to remain strong.

Found this recent article from the New York Times which confirms the implications of the dream:

The Dollar Still Has Plenty of Swagger
The U.S. currency has been on a tear, and the Fed’s decision to keep interest rates steady is likely to keep the dollar “higher for longer,” our columnist says.
By Jeff Sommer, Sept. 22, 2023

Bet against the dollar at your peril.

After the dollar’s sharp rally since July, it may be tempting to do so. Earlier this year, before the rebound, spot currency traders made good money wagering that the dollar would decline from the 20-year highs it reached in 2022. And while the dollar dominates world trade, a host of nations, including China and Russia, are maneuvering to unseat it.

At the same time, political conflicts in the United States — like the debt-ceiling brinkmanship in the spring and subsequent credit downgrade, and the current risk of a government shutdown — have threatened to dim the dollar’s luster. But the Federal Reserve’s decision on Wednesday to hold rates at an elevated level is likely to buttress the dollar in foreign exchange markets.

Still, an underlying truth abides: The dollar remains the linchpin of the global economy. It is the currency around which nearly all others revolve, the world’s haven in times of trouble — even when that trouble emanates from the United States itself.

What’s more, the relative vigor of the U.S. economy and the Fed’s tight monetary policy have been pushing up the value of the dollar against most other currencies. Since July, the U.S. Dollar Index, which tracks the greenback against six other important currencies, has risen more than 5 percent.

While it’s down from last October’s peak, it remains more than 40 percent higher than in 2011. Against the Japanese yen and the Chinese renminbi, the dollar has been strong enough to warrant discussion of government currency intervention in Asia to reduce the foreign exchange disparities...

In many ways, the Fed is “the central banker to the world,” said Kathy Jones, chief fixed-income strategist at the Schwab Center for Financial Research, in an interview. Its decisions cascade throughout foreign exchange markets, affecting the economies of a great many nations.

For the American government, the dollar’s central role in global finance pays immense dividends. U.S. national debt has reached $33 trillion, a mind-boggling number that is adding fuel to the fight in Congress over government spending. But fiscal issues in the United States would be much more complicated without the dollar’s global primacy.

The Federal Reserve has the ability to create money that is accepted universally, and the Treasury can issue dollar-denominated debt that is in high demand in world markets. This gives the government extraordinary fiscal flexibility. U.S. sway in world affairs would be constrained if it did not possess this special financial power.

For American consumers, the highly valued dollar reduces inflation, enabling the purchase of imported goods at lower prices. And for canny travelers, it can mean cheaper and better meals and hotel rooms in countries whose currencies have declined against the dollar...

If the change in this relationship holds up, the latest surge in energy prices won’t hurt the dollar, and may help it. Establishing the reasons isn’t easy. They may partly be that fossil fuel energy is far less important to the economy than it was 50 years ago, even if rising gasoline prices are painful for consumers and irksome in the Fed’s fight to tame inflation...

Low-income emerging-market countries that are commodity importers are particularly vulnerable, the International Monetary Fund has found. If the United States enjoys an exalted status in global markets, thanks to the strength of the dollar and of U.S. Treasuries, a host of countries come under heightened stress when the dollar soars. Countries like Ghana, Sri Lanka, Egypt and Pakistan have already had trouble managing their debt....

One thing I would not suggest is making a big bet against the dollar.

“I don’t see any currency that can replace it,” Ms. Jones of Schwab said, “and it has held its value for a very long time.”

Even periodic crises in Washington have failed to dislodge global confidence in the dollar. A new test is underway in the congressional battle over federal spending. But it’s in the U.S. government’s interest to maintain the dollar’s special status.

https://www.nytimes.com/2023/09/22/business/us-dollar-inflation-economy.html

 

[ProDeo]

For some this is a purely economics debate. For others it is also a political debate. For my own part, what motivated the creation of this thread was spiritual.

If your motivation was spiritual watch this very special video and make up our mind if Trumps faith is real, or just politics, or something in between.

Methinks God's blessing will depend on it.

 

[Hidden In Him]

If your motivation was spiritual watch this very special video and make up our mind if Trumps faith is real, or just politics, or something in between.

Methinks God's blessing will depend on it.

Greetings, ProDeo. When I said the motivation was spiritual, what I meant was that dreams we received motivated the creation of the tread, that's all.

Blessings,
- H

 

[ProDeo]

I had a dream where there will be no food. The food supply is stopped. Many prophets are having dreams about this.
There are 10 companies that control the world food supply. These are the companies. None are Chinese.

Nestlé, Pepsico, Coca-Cola, Unilever, Danone, General Mills, Kellogg's, Mars, Associated British Foods, and Mondelez

Rev 13:17 so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name.

 

[ProDeo]

The US is not the biggest market for them.
They probably just shake their head and find additional markets.
Their economy does not depend on the USA.

Right.

China was the target right from the start, Trump got China where he wanted it to be.

Now most of the smokescreen will fade away within the 90 days delay.

 

[ProDeo]

The USA also exports, China also imports.
It is the US that does not want to sell Chips and some high tech products to China. Things that started in Trump's first term. Now he's complaining about the trade deficit. It's schizophrenic.

Actually that already started under Biden. He asked the Netherlands to no longer sell high quality ASML machines to China. In return our ex PM Mark Rutte is now chief of NATO. Tit for tat.

 

[ProDeo]

And if you are a Christian making that claim,you blaspheme God and are a damned fool.

Matt 5:22 But I say to you that everyone who is angry with his brother will be liable to judgment; whoever insults his brother will be liable to the council; and whoever says, ‘You fool!’ will be liable to the hell of fire.

Be careful.

 

[ProDeo]

Projecting. Trump is doing what I hired him to do!! Attacking him is attacking me.

And, do you hate @Triumph1300 ?

 

[Scott Downey]

Use Aliexpress, and buy direct from China factories is what China businesses are saying.
I have done this over the years.
You get tracking numbers and I received everything I ordered.
Prices were low and still are lower than using Walmart or Amazon

https://www.aliexpress.us/?src=bing&albch=search&acnt=1603219&isdl=y&aff_short_key=UneMJZVf&albcp=133559841&albag=1295225118613504&slnk=&trgt=kwd-80951790694234%3Aloc-190&plac=&crea=80951665906089&netw=o&device=c&mtctp=e&utm_source=Bing&utm_medium=ppc&utm_campaign=Search_Brand_US_Trademark%26core%20keywords_PC%26M_Excat_ECPC_Max%20bidding_20240101&utm_content=e-Aliexpress%20exact-0914&utm_term=aliexpress-aliexpress&msclkid=956e7f8d97c4157c119b178bbe5eba28&gatewayAdapt=glo2usa