Stiglitz - US tax bill the worst I have every seen
|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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