Donald Trump Quotes

With China, their primary weapon in China is what they've done with the devaluation of their currency.

What there is no dispute about is whether or not China is a currency manipulator. They are a currency manipulator. They actively intervene every single day to keep the value of their currency less than it would be against the dollar than if it floated freely. We think. Even China barely disputes that.

Were we to find ourselves in a world in which there was a very significant amount of dollarization, … it would be in the political interests of certain parties in other countries whose policies were less than perfect …, to blame us as the root of their problem.

Japan is doing a big number on the yen, devaluing it.

America's in deep trouble. We don't know what we're doing when it comes to devaluations and all of these countries all over the world, especially China. They're the best, the best ever at it. What they're doing to us is a very, very sad thing.

[Social legislation] raised the cost of production; and what can be more illogical than to raise the cost of production in the country and then to allow the products of other countries which are not surrounded by any similar legislation, which are free from any similar cost and expenditure freely to enter our country in competition with our own goods...If these foreign goods come in cheaper, one of two things must follow...either you will take lower wages or you will lose your work.

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

When monetary policy destroys the currency, it always destroys the middle class.

Americans have seen the value of the dollar slowly decline due to the steady erosion of inflation.

To the extent that the Trump administration doesn't like a strong dollar, something has got to give, and just yelling at other countries for devaluing when you're raising rates and they're cutting rates is not going to work.

In a world with weak aggregate demand, countries are engaging in a futile competition for a greater share of it. In the process, they are creating financial-sector and cross-border risks that will become increasingly apparent as countries exit their unconventional policies.

The dollar has lost over 90 percent of its value since the Fed was created.

The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.

A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.

If you look around the world and see all the different countries struggling to get away from very low inflation rates with economies not nearly as strong as ours, you want to make sure we avoid those circumstances.

Offshoring is like the winter. You don't ask if it is good or bad - you ask what do you do about it. The answer is you dress warmly.

I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules.

The Chinese government does not like people betting against the yuan.

Hungary has no raw materials and no major energy sources; we have some agricultural background. So what we produce here in Hungary is the result of our labor and minds, and then we have to sell it to the world. If we are not able to do that, if we are not innovative enough, if we are not modern and open enough, we can't do that.

With regard to the 5G market, China is rather a competitor than a partner.

It has been proven through studies by the World Bank and others that companies participating in international trade are more competitive.

A stronger dollar increases U.S. dollar purchasing power.

The currency bill we have would finally do something for China's rapacious policies.

American business can out-think, out-work, out-perform any nation in the world. But we can't beat the competition if we don't get in the ball game.

We have very primitive emotions,” he said . “It's impossible not to be competitive. Spoils everything, though.