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Trump’s policies will displace the US dollar

Jeffrey D Sachs
Jeffrey D Sachs • 6 min read
Trump’s policies will displace the US dollar
SINGAPORE (Sept 10): Back in 1965, Valéry Giscard d’Estaing, then France’s Minister of Finance, famously called the benefits that the US reaped from the dollar’s role as the world’s main reserve currency an “exorbitant privilege”. The benefit
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