AgriTalk: How Much Time is Left for NAFTA?

March 6, 2018 11:11 AM

AgriTalk Host Chip Flory has a busy Tuesday. Fresh off NAFTA talks Mexico Farmers for Free Trade Executive Director Brian Kuehl gives his perspective. Pro Farmer's Jim Wiesemeyer and Brian Grete follow up with more perspective on trade, tariffs, and news out of Washington. 

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Spell Check

bad axe, MI
3/7/2018 06:58 AM

  I still can't believe you fellow farmers don't understand this is not about trade , it's about debt. The US has more internal debt than all the other world countries combined. The world doesn't want are US dollar for payment of goods and services anymore to them it's fiat currency. Trumps tariffs are designed to add money to the US treasury, were did you think this tariff money is going . Trump has 1.8 trillion dollars of treasury bonds due and payable in the next 6 months , China holds 1.3 trillion dollars of these , they said there not renewing them . Where are you guys going to come up with 1.3 trillion when you can't even come up with that to fix the roads and bridges in this country. You fellow farmers are in for a rude awaking .

bad axe, MI
3/7/2018 08:02 PM

  Bob If we have a record inflow of money into the treasury why are we raising the debt limit every other month . If we have record inflow of money into the treasury why did the IMF and The World Bank let the China Yuan in as a world reserve currency last October . Well Bob its because you have 70 trillion of internal debt , then another 24 trillion of fiat dollars that federal reserve injected into derivative market in 2008 to back stop loses at the banks. Bob you are absolutely right the fiat US dollars are coming back to the treasury because 85% of all oil trades around the world use the China Yuan and every month central banks around the world are switching there reserves over to the Yuan . What are you going to do with all this money , well hyper inflation here we come. Believe me it's not going to go into roads and bridges.

cooper, IA
3/7/2018 11:41 AM

  Sorry CK it is not about debt. We currently have a record inflow of money into the Treasury. We have only one steel plant that produces heavy steel used in war materials. It is a security risk to not produce your own war materials. Pretty simple.


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