Trump Challenges Economic orthodoxies
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strong dollarTelegraph
•23d ago
Business
Business & Economics
Trump’s game plan for devaluing the mighty dollar
69% Informative
A strong dollar has long been a touchstone of US economic policy.
It helps keep inflation low, it encourages foreign investment in the US , and it supports the dollar’s role as the dominant global reserve currency.
But why would Trump want to mess with such an asset? No other country commands the financial power abroad that the US enjoys.
US treasury secretary has pushed idea of Bretton Woods -style realignment of global currencies.
US is by far the biggest buyer of goods in the world; it’s about time the rest of the world started treating the US with the same respect that a business would reserve for its largest customer.
A further approach would be to require the Federal Reserve to sell dollars for foreign currency without limit.
VR Score
72
Informative language
69
Neutral language
37
Article tone
informal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
5
Source diversity
1
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