Why the dollar is crashing – and why you should care
The Story
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The Dollar Dilemma
This chapter examines the US dollar's role as the world's reserve currency and its impact on American manufacturing and competitiveness. It discusses the challenges of a strong dollar for US exports and employment, particularly in relation to countries with cheaper labor like China and Vietnam. The speakers analyze the implications of current economic policies and contrasting approaches to currency management, highlighting the potential long-term risks of a weakened dollar.
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