3 ms·
By whom, for what purpose?
by sneak 9mo ago
By whom, for what purpose?
- datsci_est_2015 9mo agoThe Trump cabinet is explicitly determined to improve its trade imbalance (export / import) and has spoken about the US dollar’s relative strength as a weakness in trade imbalance. There’s a delicate, fine line between dedollarization and a heavily weakened dollar, especially when the methods used are viewed as fickle and capricious (tariffs, threats). So it’s basically four choices: - Dedollarization is not happening (#nothingeverhappens) - Dedollarization is happening, but not because of anything the Trump admin is doing (lol) - Dedollarization is happening and the Trump admin is either causing it or exacerbating it, despite not coming out explicitly favoring it (they’re idiots) - Dedollarization is happening and it’s being orchestrated by the Trump admin (5d chess / malicious actors)