Nobody seems to mention the interesting issue that goes to the heart of Trump's and Bannon's economic nationalism. Decades of supposedly "allowing" China and M

Nobody seems to mention the interesting issue that goes to the heart of Trump's and Bannon's economic nationalism. Decades of supposedly "allowing" China and Mexico to steal US jobs has a different side not often discussed. It was one way to deal with the Triffin dilemma. With great power comes great responsibility. As long as the US has the privilege to print the world's reserve currency, it has the responsibility to keep the planet flooded with sufficient dollars. Therefore, I'm (genuinely!) not sure for how long they will be able to combine a strong dollar, run deficits, manage the debt, boost US exports at the expense of others, help those other countries with any dollar shortages and keep the global monetary order friendly and stable -- all at once. I do know that when the world meets with the Triffin paradox in one variety or another, big changes have occurred. Right now the pundits are comparing Trump to Reagan. Maybe in a few years they will end up comparing him to 1971's Nixon.