|
Opinion - by Bruno COLMANT, Ph.D., CFA, Member of the Royal Academy of Belgium
Day by day, it is becoming easier to discern the outcome of Donald Trump’s decisions. He seeks to create a new world order based on global fragmentation to ensure the supremacy of the United States.
The dollar must, therefore, be examined closely. It is a subject gaining increasing attention in political and academic circles, though it has yet to cross the Atlantic fully. According to Donald Trump, a new world order depends on a weak dollar. Indeed, to maintain the dominance of their currency, the United States needs an abundant and transactional dollar, deeply embedded in every facet of global trade, rather than a strong currency that penalizes American exports...
|