Economy What Exactly Happened to the Dollar around “Liberation Day”: Illiquidity vs. No-ConfidenceBy DailyWesternSeptember 28, 20250 Some people argue the concurrent dollar decline and Treasury yield incrase was attributable to liquidity issues as repicing occurred against…
Economy Rethinking Triffin: The Fiscal Dimension of the Dollar DilemmaBy DailyWesternSeptember 11, 20250 The debate over Robert Triffin’s famous “dilemma” continues to animate policymakers and commentators. Stephen Miran, a leading economic advisor to…
Economy “What New Have We Learned about US Dollar Dominance As a Reserve Currency?”By DailyWesternSeptember 11, 20250 That’s the title of my keynote talk at the 27th INFER conference (Rome)an excellent exchange of ideas…
Politics Has the dollar had its biggest decline in 50 years under Donald Trump?By DailyWesternJuly 26, 20250 Rep. Ritchie Torres, D-N.Y., took a swipe at President Donald Trump’s economic management during an interview with CNN’s “State of…
Economy Gold: The Challenger to Dollar Reserves?By DailyWesternJune 29, 20250 There’s not much data on individual central bank holdings of the dollar through 2023, but COFER goes through 2024Q4, and…
Economy Dollar Decline and Incipient Inflationary PressuresBy DailyWesternJune 28, 20250 Trump has indicated his desire for a weaker dollar. It looks like he’s getting it. Figure 1: Fed broad dollar…
