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Comment by specialist

15 days ago

Yes and: IIRC, their intent is to bolster the US dollar as the reserve currency.

Not that I understand it, cuz am noob:

Admin thinks US dollar is too strong. So they want to devalue it. Which will then trigger a sell off of US Treasuries, further devaluing the US dollar.

I have no idea if this is the Admin's actual plan, the merit of such a plan, or if there's any realistic hope for achieving the intended outcome.

If any one can make any of this make sense, please chime in. TIA.

Devaluing the currency is a standard approach to encouraging an export-oriented economy. See China and Japan.