Stiglitz - US Tax Bill The Worst I Have Every Seen

Published date: .


Nobel prize-winning economist Joseph Stiglitz, while speaking to Bloomberg TV said, the US tax bill is the worst he has ever seen. 

Key quotes

  • Tax bill crates enormous distortions and has a lot of strange provisions. 
  • Trump has learned that weak USD is good for exports, but does not control the exchange rate. 
  • The USD may strengthen if the tax bill is passed. 
  • Bitcoin is not open and transparent. 
  • Trump will be the biggest risk for 2018. 

 

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