Trump, Tariffs & The Dollar’s Fate: Lyn Alden’s Macro Predictions for 2025
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Fiscal Dominance: The Trump Effect
This chapter examines the implications of fiscal dominance on the U.S. economy, particularly under Donald Trump's administration. It discusses the interplay between the Treasury and the Federal Reserve while exploring the complexities surrounding the U.S. dollar as the global reserve currency. The conversation also highlights potential shifts in economic dynamics and the challenges posed by trade deficits and manufacturing revitalization.
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