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Make The Dollar Great Again
Forbes·2025-09-23 10:20

A stack of 250and1000 and 1000 dollar bills, U.S. (Photo by Alfred Gescheidt/Getty Images)Getty ImagesCertain members of the Trump Administration seem to be taken in by the siren call of a weak dollar. The idea is that cheapening the value of the greenback will improve our trade balance by making imports more expensive and our exports cheaper. This ignores the real-world reality that any short-term advantage will be overwhelmed by the inflationary damage to the domestic economy that a devalued dollar will wreak. ...