Authors
Steve HankeJohn Tatom
Outlet
Fortune Magazine
Type
Op-ed
Date published
April 25, 2025
Countries/regions
United States of America
Topic
U.S. Dollar
Permalink
Last edited time
Aug 7, 2026 3:32 AM
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What 'Mar-a-Lago Accord' Proponents—Who Have Trump's Ear—Get Wrong About the U.S. Dollar
Author: Steve H. Hanke and John A. Tatom
Outlet: Fortune
Date: April 25, 2025
Hanke and co-author John A. Tatom rebut the case made by 'Mar-a-Lago Accord' proponents that a strong dollar is primarily a problem to be engineered away. They argue that U.S. dollar dominance carries no real downside, since it stems from persistent foreign demand for dollar reserves and dollar-denominated financial assets, a structural advantage that accord proponents misread as a burden rather than the benefit it actually is.
Full Citation:
"What 'Mar-a-Lago Accord' proponents—who have Trump's ear—get wrong about the U.S. dollar," Fortune, April 25, 2025. (with John A. Tatom)