Stable dollar urged as U.S. debt nears $40 trillion, says former Fed president
TL;DR Summary
With U.S. debt approaching $40 trillion, former Dallas Fed President Robert Kaplan argues currency stability matters more than gains from a weaker dollar; the piece notes Trump’s praise of the dollar’s decline, the dollar’s reserve-status, and how debt levels shape Treasury demand amid shifting market sentiment.
- As national debt heads toward $40 trillion, U.S. needs a stable dollar, former Fed president says Fortune
- Just how debased is the dollar? The Economist
- Trump thinks a weaker dollar is great for America. Is he right? NPR
- What the Slide in the Dollar Means for Trade, Travel and Investment The Wall Street Journal
- Trump is not worried by a weak dollar. Why the president and investors should be CNBC
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