EFTA02602341.pdf

From: Steve Bannon < Sent: Sunday, July 22, 2018 11:09 AM To: Jeffrey E. Subject: Re: Where is my highly confident letter!!! Sent via BlackBerry by AT&T From: "Jeffrey E." <[email protected]> Date: Sun, 22 Jul 2018 12:41:41 +0200 To: Steve Bannon< Subject: 1 currency war - a strong dollar is already a tarifff imposed on foreign trading partners. they need to spend more local money for the exact same product assuming the price stays the same in dollars. 2. unless they have investments in us dollars factory bonds real estate. they are losers. . so investments are a hedge to the foreigners that have enough to invest in dollar denominated assets. .. 3. Tariffs are the equivalent of 19th century cannons. no longer a real danger but send a frightening message. . we can talk sometime how to fight in the 21 century. 4. currency wars are like cyber wars. there is no way to stop them entirely except spankings. do this again and we XXX . 5. the treasury recent rise in interest rates can be seen as a step in a dumb battle. it causes more investment in dollars. draining the foreigners reserves. . it causes higher local prices as the conversion is less advantageous. . it drives up borrowing cost locally making wages more difficutl to raise. 6 the older crowd that lived throuigh ww2 in treasury live in an age frigthened of nuclear weapons , instead of cyber, bio, and terrified of inflation ( reichmarks ) , some inflation is good. wages go up. everyone feels better. debt easier to pay off.!! . 2 The carter page docs. - : the fbi " speculated " that they were for a campaign ? what happened to highly confident. !! please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_01790720 EFTA02602341