From: jeffrey E. <[email protected]> Sent: Sunday, July 22, 2018 10:42 AM To: Steve Bannon 1 currency war - =C2 a strong dollar is already a tarifff imposed on foreign trading part=ers. they need to spend more local money for the exact s=me product assuming the price stays the same in dollars. =C2 2. unless they have investments in us dollar= factory bonds real estate. they=are losers. . so investments are a hedge to the foreigne=s that have enough to invest in dollar denominated assets. ...C2 3. Tariffs are the equivalent of 19th century cann=ns. no longer a real danger but send a frightening messa=e. . we can talk sometime how to fight in the 21 century. =A0 4. currency wars are like cyber war=. there is no way to stop them entirely except spankings. =AO do this again and we will ... XXX . 5. the treasury recent =ise in interest rates can be seen as a step in a dumb battle. =C2 it causes more investment in dollars.=C2 draining the foreigners reserves.. it causes higher local pri=es as the conversion is less advantageous. . it dr=ves up borrowing cost locally making wages more difficutl to raise.=C2 6 the older crowd that lived throuigh ww2 in=treasury live in an age frigthened of nuclear weapons , instea= of cyber , bio, and terrified of inflation ( reichmarks ), =C2 some inflation is good. wages go up. everyone fee=s better. debt easier to pay off.!! . The informa=ion contained in this communication is confidential, may be attorney-cl=ent privileged, may constitute inside information, and is intended only=for the use of the addressee. It is the property of JEE Unauthori=ed use, disclosure or copying of this communication or any part thereof=is strictly prohibited and may be unlawful. If you have received thiscommunication in error, please notify us immediately by return e-mail =r by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies=thereof, including all attachments. copyright