Meraglim Blog

Trump’s Policies Are a Bundle of Contradictions. Which Version Will Win?

Facebook
Twitter
LinkedIn

The entire world is guessing as to the final form of the Trump economic program. Right now there is something for everyone. The supply-side advisers are pushing for tax cuts. The Trump loyalists from the “Make America Great Again” camp are pushing for huge infrastructure spending. Some advisers, such as Steve Moore and Mike Pence, are in favor of free trade. Other advisers, such as David Malpass and Steve Bannon, favor a renegotiation of existing trade deals.

The Trump team seems to favor a strong dollar and higher interest rates. But the strong dollar is deflationary and pushes the Fed away from its inflation target. Fed rate hikes will do the same thing. On the other hand, if the Fed is slow to raise rates while spending takes off, inflation could surge out of control.

The truth is that Trump economic policy has not been set, and both inflationary and deflationary outcomes are in play.  This article  is a good summary of these contradictory forces. We’ll have to await further information, such as the names of Trump’s appointees to the Fed board of governors and the results of the Dec. 14 Fed meeting, before reaching more definitive conclusions about the shape of things to come.

Faced with this uncertainty, it’s a good time to increase your cash allocation until we can get better visibility on the Trump plan.

Jim Rickards, Meraglim™ Chief Global Strategist

QCI and Meraglim Join Forces to Deliver Capital Markets Risk Analysis Powered by QCI’s Mukai Quantum Computing Software Platform

LEESBURG, VA, December 1, 2020 – Quantum Computing Inc.(OTCQB: QUBT) (QCI), the technology leader in quantum-readysoftware development and execution, and the only public pure play in quantum computing, has partnered with Meraglim Holdings Corporation to deliver advanced capital market risk analysis powered by QCI’s performance-leading Mukai™ quantum software development and execution platform. As an industry leader in predictive analytics, Meraglim was the first

Read More »

IF THE SCIENCE IS NOT ON YOUR SIDE, JUST TRY THREATS

It’s clear that good science does not support the extreme claims of the climate alarmists. Yes, there is such a thing as climate change, but it’s slow, difficult to predict and almost impossible to model because of the complexity of the process. The climate alarmists have grabbed most of the headlines for the past ten

Read More »

WHY TRUMP WILL WIN REELECTION: NOT POLLS OR PUNDITS; JUST COMMON SENSE

Political analysts use polls, betting odds, historic trends and other inputs to make their (usually wrong) political predictions. We all remember that “experts” said Hillary Clinton would win the presidency in 2016 (they gave her a 92% chance on the morning of the election), and that the UK would vote to “remain” in the EU

Read More »

HERE’S ANOTHER ELITE WITH ANOTHER PLAN TO TAX AWAY YOUR WEALTH

The elites never rest when it comes to devising new ways to take your money through taxes, inflation or outright confiscation. The latest Trojan horse the elites are riding to take your money is climate change. The climate does change over long periods of time for reasons that are not well understood except that they

Read More »
Scroll to Top