Hugo Salinas Price: How to truly MAGA

Section:

5:17p ET Wednesday, July 3,2019

Dear Friend of GATA and Gold:

In seeking devaluation of the dollar, Hugo Salinas Price of the Mexican Civic Association for Silver writes today, President Trump seems not to notice what a huge advantage accrues to the United States by virtue of the dollar's use as the world reserve currency.

Salinas Price writes: "The whole world wants to sell goods of all sorts to the United States in order to get precious dollars for their reserves. So the U.S. gets an unlimited amount of goods from all the world in exchange for dollars that are essentially nothing but numbers that cost the Federal Reserve and its banking system nothing to produce.

... Dispatch continues below ...


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"So instituting tariffs on imports is an attack on the system whereby the U.S. sucks up production from the whole world, in exchange for ... nothing."

There is, Salinas Price concludes, a better way of making America great again. His commentary is headlined "On How to Truly MAGA" and it's posted at the association's internet site, Plata.com.mx, here:

http://plata.com.mx/enUS/More/379?idioma=2

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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