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Capital Flight, Trade Policy, and the Fate of the Dollar | Joseph Wang

Hidden Forces

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The Dollar's Decline: Risks and Ramifications

This chapter examines the potential repercussions of shifts in capital flows and trade policy on U.S. asset markets, particularly how a weakening dollar could unfold. It discusses the implications of significant fiscal deficits, geopolitical factors, and the Federal Reserve's policy choices on the dollar's value and economic stability. The chapter also explores the complexities of capital flight and its effects on inequality and the overall U.S. economy.

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