Event JSON
{
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"https://jacobin.com/2025/02/dollar-devaluation-trade-trump-capital/"
],
[
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"Dollar Devaluation Would Be Good. But It Won’t Happen."
],
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"1738944114"
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[
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"The article argues that the US dollar's role as the world's key currency is driven by global trade and capital flows, rather than the US economy's performance. It suggests that a weaker dollar would be beneficial for American workers, but that the current system of dollar dominance is driven by global trade and capital flows. The article also discusses the difficulties of achieving a weaker dollar, including the need for a global monetary cooperation and the potential for a grand bargain."
]
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"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqcxwturs6tupm30z8m5rtdgtm7srx3yxq0cgyqvyc7vzwhrtehq8qntej22\nhttps://images.jacobinmag.com/wp-content/uploads/2025/02/07153705/GettyImages-2191220937-900x600.jpg\nThe dollar’s role as the world’s key currency is generally viewed as a boon for the US economy. President Donald Trump and some of his closest allies, chief among them Vice President J. D. Vance, are not thrilled by this fact, however, and have made a weaker dollar a key component of the administration’s economic [\u0026hellip;]\nhttps://jacobin.com/2025/02/dollar-devaluation-trade-trump-capital/",
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}