I’ve been hearing this type of talk from dedicated pro Trump friends. I don’t quite understand their logic, but it is something like having the Dollar crash so the federal reserve goes away. But I don’t get what the goal is. If the Dollar crashes, America would permanently lose its unique position with being the controller of the global reserve currency. And the American citizens who hold US Dollars will be a lot poorer. I’m not even sure the recent shifts in USD have actually reflected the true risks of the national debt, so it could fall a lot more than where it is presently.
Is there actually some strategy here? Or is it just that Trump doesn’t care because his family is getting so much richer that changes in the Dollar’s value don’t matter to them?
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