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Founder of Skybridge Capital: Trump's tax cuts and business-friendly regulations initially seemed beneficial, but the current agenda threatens the US dollar

Founder of Skybridge Capital: Trump's tax cuts and business-friendly regulations initially seemed beneficial, but the current agenda threatens the US dollar

Bitget2024/07/18 02:15
BTC+0.37%

Golden Finance reported that Anthony Scaramucci, the founder and CEO of Skybridge Capital, criticized billionaires for supporting former US President and presidential candidate Donald Trump based on his own experience. Scaramucci believes that although tax cuts and business-friendly regulations initially seemed beneficial, the current agenda threatens the dollar, constitution, judiciary, and international order. He likened it to anarchic Christian populism close to fascism. He warned that a devaluation of the dollar could destabilize the global capitalist system and emphasized the dangers of current deficit spending. He called for caution and advocated responsible reforms without overly emphasizing systems from which many benefit.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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