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88 sats \ 0 replies \ @Undisciplined 3 Apr \ parent \ on: How trump calculated tariffs, shocking if true 🤦‍♂️ econ
Most of the large foreign holders have been reducing their US Bond holdings, which is what “dumping” refers to.
The market does set reserve currency, but it’s a very sticky quality that can’t change very quickly.
As long as we have it, there pretty much has to be a trade deficit.