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Several people within the administration (particularly Stephen Miran) are highly in favor of dropping the value of the USD, as they believe it's about 25% highe
by jmcgough 2y ago
Several people within the administration (particularly Stephen Miran) are highly in favor of dropping the value of the USD, as they believe it's about 25% higher than it should be due to being used as the international reserve currency:
https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf https://www.hudsonbaycapital.com/documents/FG/hudsonbay/rese...