From: Jeffrey E. [email protected]
To: Steve Bannon
Date: Jul 22, 2018 10:41 AM

1 currency war - =AO a strong dollar is already a tarifff imposed on foreign trading partner=. they need to spend more local money for the exact same=product assuming the price stays the same in dollars. =A0 2. unless they have investments in us dollars=C2 factory bonds real estate. they =re losers. . so investments are a hedge to the foreigner= 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 21century. =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.!! .

From: Steve Bannon
To: Jeffrey E. [email protected]
Date: Jul 22, 2018 11:09 AM

Where is my=highly confident letter!!! Sent via BlackBerry by AT&T

From: jeffrey E. [email protected]
To: Steve Bannon
Date: Jul 22, 2018 11:18 AM

had they told the truth , they knew it was clin=on campaign law firm. ! in the applica=ion they say the source is credible ( steele ). and only specu=ate it was for another campaign. =gotcha

https://www.i=vestopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp</=> brief description of currency m debt. =AO in the end wars are no longer kinetic but =the fear caused by a powerful threat cannot be underestimated. . ie , NK b=llistic missle test caused more concern than the hack of sony . =A0 :) chttps://www. investopedia.c=m/articles/investing/080615/china-owns-us-debt-how-m uch.asp>

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Source: https://www.jmail.world/thread/EFTA02602453?view=inbox
Doc ID: EFTA02602453