WSJ editorial sends Trump clear warning that falling dollar dream may become his nightmare
The conservative Wall Street Journal editorial board warned Wednesday that President Donald Trump is playing with financial fire.
This week, Trump declared a weaker dollar "great," but the Journal warned "he should be careful what he wishes for," as experts have sounded the alarm on what could become a catastrophic miscalculation.
"Many politicians over the years have contemplated a weaker greenback as an economic miracle cure. They often discover that a weak dollar is a liability," the editorial said.