Trump Can’t Stop De-Dollarization
Dec 27, 2024
Hippolyte Fofack
US President-elect Donald Trump has vowed to impose 100% tariffs on countries that shun the greenback. But the myriad benefits of de-dollarization, especially in terms of macroeconomic management and growth, are huge, and will likely outweigh the costs of these retaliatory measures.
https://www.project-syndicate.org/commentary/trump-cannot-stop-de-dollarization-with-retaliatory-tariffs-by-hippolyte-fofack-2024-12
Dec 27, 2024
Hippolyte Fofack
US President-elect Donald Trump has vowed to impose 100% tariffs on countries that shun the greenback. But the myriad benefits of de-dollarization, especially in terms of macroeconomic management and growth, are huge, and will likely outweigh the costs of these retaliatory measures.
https://www.project-syndicate.org/commentary/trump-cannot-stop-de-dollarization-with-retaliatory-tariffs-by-hippolyte-fofack-2024-12
Project Syndicate
Trump Can’t Stop De-Dollarization
Hippolyte Fofack thinks the benefits of reducing reliance on the greenback will outweigh the costs of retaliatory US tariffs.
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